A structured financial instrument that is designed to leverage its returns reflected in potential high payoffs from only a small...

A type of structured financial instruments that is designed to provide a higher expected return (yield enhancement), commensurate to the...

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

A financial instrument that combines at least one derivative contract with underlying assets such as stocks and fixed-income securities. It is a hybrid instrument that...

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...

A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...

The inventory of mortgages that have been closed (i.e., no more in the pipeline) and are parked for sale in...

A pipeline or mortgage pipeline describes mortgages that are in the process of being originated. Origination involves creating a loan...

A type of risk that arises from the probability that a prospective borrower may fail to fulfill its mortgage loan...