See Also: Mortgage pass-through security(finance)
Mortgage pass-through security(money)
Pass through security(finance)
Money market security(money)
Money market security(finance)
Mortgage backed security(finance)
Purchase Money Mortgage(money)
Purchase-money mortgage(money)
Purchase money mortgage(finance)
Pass Patterns or Pass Routes - Football(gambling)

Mortgage pass-through security (money)


Definition: [crh] Also called a passthrough, a security created when one or more mortgage holders form a Definition: d=collection">collection (pool) of mortgages and sells shares or participation certificates Definition: in the pool. The cash flow from the collateral pool is "passed through" to the security holder as moDefinition: nthly payments of principal, interest, and prepayments. This is the predominant type of Definition: BS">MBS traded in the secondary market.