Mortgage backed security

 

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Mortgage backed security

A security, backed by one or more mortgages.



Similar Matches

Mortgage REIT

Mortgage REIT

An REIT that invests in loans secured by real estate which derive income from REIT REIT and fees.


Federal National Mortgage Association (FannieMae)

Federal National Mortgage Association (FannieMae)

A publicly owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. Known by the nickname Fannie Mae, it packages mortgages backed by the Federal Housing Administration, but also sells some nongovernment-backed mortgages.


Graduated Payment Mortgage

Graduated Payment Mortgage

A mortgage or deed or trust calling for increasingly higher payments over the term of the loan. This allows the buyer low beginning payments. The payments then increase as (theoretically) the buyer's earnings increase.


Federal National Mortgage Association

Federal National Mortgage Association

(Fannie Mae): A tax paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as conventional home mortgages.


Shared appreciation mortgage

Shared appreciation mortgage

A mortgage in which a borrower pays a below normal rate of interest to the lender on the understanding that the latter shares a proportion of the appreciation of the property.


Further Suggestions

Mortgagee
Mortgage incentives
Mortgage Backed Securities Clearing Corporation (MBSCC)
biweekly mortgage loan
Federal National Mortgage Association
Flexible mortgage
Wraparound mortgage
Shared Appreciation Mortgage (SAM)
Lifetime reverse mortgage
Senior mortgage bond
Mortgage application fee
Shared appreciation mortgage
Growing Equity Mortgage (gem)
GEM (growing equity mortgage)
Foreign currency mortgage
Package mortgage
Strip mortgage participation certificate (strip PC)
Mortgage term
interest only mortgage
Lehman Brothers Mortgage Backed Securities Index
Bi weekly mortgage loan
mortgage interest relief at source
Mortgage cash surplus
Secondary mortgage market
Purchase money mortgage


 
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