|
|
Pass through coupon rate |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Pass through coupon rateThe interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.Pass through coupon rate Similar MatchesFlow through methodFlow through methodThe practice of reporting to shareholders using straight-line depreciation but using accelerated depreciation for tax purposes and "flowing through" the lower income taxes actually paid to financial statements prepared for shareholders. Pass through ratePass through rateThe net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon. Pass through securitiesPass through securitiesA pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments. Related: Mortgage pass-through security Ginnie Mae pass throughGinnie Mae pass throughA security guaranteed by the Government National Mortgage Association that is backed by a collection of mortgages, in which the investor receives the interest and principal payments of participating homeowners. Throughput agreementThroughput agreementAn agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline. Further SuggestionsPrivate label pass throughsGood through or until date order Flow through basis Fully modified pass throughs Bidding through the market Click-through Conventional pass throughs Pass-through |
|
|
|