Mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
underlying — adjective Date: 1611 1. a. lying beneath or below < the underlying rock is shale > b. basic, fundamental < an investigation of the underlying issues > 2. evident only on close inspection ; implicit 3. anterior and prior in clai … New Collegiate Dictionary
Mortgage underwriting — is the process a lender uses to determine if the risk (especially the risk that the borrower will default[1] ) of offering a mortgage loan to a particular borrower is acceptable. Most of the risks and terms that underwriters consider fall under… … Wikipedia
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 bond — 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… … Financial and business terms
Mortgage law — This article is about the legal mechanisms used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or requirements, see … Wikipedia
Mortgage — A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the… … Wikipedia
Mortgage industry of the United Kingdom — The Mortgage industry of the United Kingdom has traditionally been dominated by building societies, but from the 1970s the share of the new mortgage loans market held by building societies has declined substantially. Between 1977 and 1987, the… … Wikipedia
Mortgage Bond — A bond secured by a mortgage on one or more assets. These bonds are typically backed by real estate holdings and/or real property such as equipment. In a default situation, mortgage bondholders have a claim to the underlying property and could… … Investment dictionary
underlying — /un deuhr luy ing/, adj. 1. lying or situated beneath, as a substratum. 2. fundamental; basic: the underlying cause of their discontent. 3. implicit; discoverable only by close scrutiny or analysis: an underlying seriousness in his witticisms. 4 … Universalium
Underlying Cost — Any cost that can be expected within the following budget period. Underlying costs are costs that the company knows it will have to pay out throughout the budget period. Examples would include items such as rent/lease/mortgage, depreciation,… … Investment dictionary