security — se·cur·i·ty /si kyu̇r ə tē/ n pl ties 1 a: something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation used his property as security for a loan b: surety see also … Law dictionary
mortgage-backed security — ( MBS) or mortgage backed bond Securities composed of, or collateralized by, loans that are themselves collateralized by liens on real property. MBSs can be categorized into two major types. Pass through pools are mortgage backed bonds created by … Financial and business terms
mortgage–backed security — see security Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
Mortgage yield — In finance, mortgage yield is a measure of yield of mortgage backed bonds. It is also known as cash flow yield. The mortgage yield, or cash flow yield, of a mortgage backed bond is the discount rate at which net present value of all future cash… … Wikipedia
Security (finance) — This article is about the negotiable instrument. For the legal right given to a creditor by a borrower, see Security interest. Securities Securities Bond … Wikipedia
Mortgage Investment Corporation — A Mortgage Investment Corporation or MIC is an investment and lending company designed specifically for mortgage lending (primarily residential mortgage lending) in Canada. Owning shares in a Mortgage Investment Corporation (MIC) enables you to… … Wikipedia
Security — Piece of paper that proves ownership of stocks, bonds and other investments. The New York Times Financial Glossary * * * security se‧cu‧ri‧ty [sɪˈkjʊərti ǁ ˈkjʊr ] noun securities PLURALFORM 1. [uncountable] actions to keep someone or something… … Financial and business terms
security — Common or preferred stock; a bond of a corporation, government, or quasi government body. Chicago Board of Trade glossary Piece of paper that proves ownership of stocks, bonds, and other investments. Bloomberg Financial Dictionary Amount that… … Financial and business terms
mortgage — / mɔ:gɪdʒ/ noun money lent on the security of a house or other property owned by the borrower, usually in order to enable the borrower to buy the property ● to buy a house with a £200,000 mortgage ♦ mortgage payments money paid each month as… … Dictionary of banking and finance
Mortgage Cash Flow Obligation - MCFO — A type of pay through unsecured general obligation bond that has several classes. Mortgage cash flow obligations (MCFOs) use cash flow from a pool of mortgages that generate revenue to repay investors their principal plus interest. Payments are… … Investment dictionary