Mortgage backed security

 

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Mortgage backed security

A security, backed by one or more mortgages.



Similar Matches

Capped rate mortgage

Capped rate mortgage

A mortgage which guarantees the interest rate charged will not rise above a certain level. But it may fall in line with variable rates.


Adjustable rate mortgage (ARM)

Adjustable rate mortgage (ARM)

A mortgage that features predetermined adjustments of the loan interest rate at regular intervals based on an established index. The interest rate is adjusted at each interval to a rate equivalent to the index value plus a predetermined spread, or margin, over the index, usually subject to per-interval and to life-of-loan interest rate and/or payment rate caps.


Blanket mortgage

Blanket mortgage

A mortgage that covers more than one property owned by the same borrower.


Mortgage life insurance

Mortgage life insurance

A life insurance policy which pays off the outstanding balance of a mortgage in the event of the death of the insured.


Mortgage incentives

Mortgage incentives

The lender may offer a discount or fee-free period on buildings insurance, accident and sickness insurance, redundancy insurance, or payment protection insurance. This is often done to encourage you to take up the policy, which you are then fairly likely to keep in the longer term. Other common incentives include a free valuation and money towards solicitor's fees.


Further Suggestions

Foreign currency mortgage
Growing Equity Mortgage (gem)
Renegotiable Rate Mortgage
variable rate mortgage
Low start mortgage
Government National Mortgage Association (Ginnie Mae)
pension mortgage
Self amortizing mortgage
Collateralized mortgage obligation (CMO)
Mortgage pipeline
flexible mortgage account
mortgage broker
Alternative mortgage instruments
Lehman Brothers Adjustable Rate Mortgage Index
Self certification mortgage
Tracker mortgages
Blanket Mortgage
Real Estate Mortgage Investment Conduit (REMIC)
Mortgagee
Mortgage application
Joint mortgage
Delinquent mortgage
Mortgage debt
Direct Reduction Mortgage
Private Mortgage Insurance (PMI)


 
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