Filter by Categories
Accounting
Banking

Agency Mortgage Backed Security

A type of mortgage backed security (MBS) that is issued on a pool of securitized residential mortgage loans guaranteed by...

Agency MBS

A type of mortgage backed security (MBS) that is issued on a pool of securitized residential mortgage loans guaranteed by...

MBS

It stands for mortgage-backed security; a security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage...

Mortgage Backed Security

A security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage or pool of mortgages. The...

ZSPRD

It stands for zero-volatility spread; the spread that would be realized over the whole risk-free spot rate curve if a…

Zero Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…

Static Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…

Cash Bond Spread

The spread that would be realized over the whole risk-free spot rate curve if a given risky security such as…

Gestation Repurchase Agreement

A reverse repurchase (repo) agreement by which a mortgage firm sells federally guaranteed mortgage-backed securities (MBSs) to a securities dealer…

PO

It stands for principal only; the principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially...