single monthly mortality

single monthly mortality
сокр. SMM фин. коэффициент выбытия [досрочного погашения\] в течение месяца* (коэффициент, показывающий какая доля непогашенного остатка долга по ипотечному кредиту досрочно погашается заемщиком в течение месяца; рассчитывается путем деления досрочно выплаченной в течение месяца суммы на величину непогашенной задолженности на начало месяца)
See:

Англо-русский экономический словарь.

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Смотреть что такое "single monthly mortality" в других словарях:

  • single monthly mortality rate — ( SMM) A measure of the amount of monthly principal reduction in excess of the scheduled monthly principal payment. The SMM is simply the amount of prepaid principal in a given month expressed as a percentage of the principal balance at the… …   Financial and business terms

  • Single Monthly Mortality - SMM — In mortgage backed securities (MBSs), this is the percentage of the principal amount of mortgages that are prepaid in a given month. For investors of MBSs, prepayment of mortgages is usually undesirable since future interest is foregone. This is… …   Investment dictionary

  • SMM — single monthly mortality rate (SMM) A measure of the amount of monthly principal reduction in excess of the scheduled monthly principal payment. The SMM is simply the amount of prepaid principal in a given month expressed as a percentage of the… …   Financial and business terms

  • constant percent prepayment — ( CPP) An expression of mortgage loan prepayments in annual terms. The single monthly mortality rate ( SMM) multiplied by 12. CPP annualizes SMM without reflecting the impact of compounding. See constant prepayment rate and single monthly… …   Financial and business terms

  • CPP — constant percent prepayment (CPP) An expression of mortgage loan prepayments in annual terms. The single monthly mortality rate ( SMM) multiplied by 12. CPP annualizes SMM without reflecting the impact of compounding. See constant prepayment rate …   Financial and business terms

  • SMM — may mean: * Solar Maximum Mission * System Management Mode * Standard Method of Measurement * Single Marketing Method * Soft Magnetic Materials Conference * Science Museum of Minnesota * S Methylmethionine * Simulated Method of Moments, a… …   Wikipedia

  • constant prepayment rate — ( CPR) A measure of the historical or expected prepayment of principal on a mortgage or an MBS that expresses the prepayment as a constant proportion of the outstanding principal. The CPR is an annualized expression of the SMM that reflects… …   Financial and business terms

  • CPR — constant prepayment rate (CPR) A measure of the historical or expected prepayment of principal on a mortgage or an MBS that expresses the prepayment as a constant proportion of the outstanding principal. The CPR is an annualized expression of the …   Financial and business terms

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