The principal-only portion of a mortgage loan or a mortgage-backed security (MBS). Financial institutions, especially mortgage financing firms, separate the...

The interest-only (OI) portion of a mortgage loan. Financial institutions, especially mortgage financing firms, separate a series of interest payment...

The interest-only portion of a mortgage loan. Financial institutions, especially mortgage financing firms, separate a series of interest payment from...

A cap that is placed on a resetting or periodic interest rate. It is usually purchased by a borrower who...

The risk that mortgage brokers encounter in their business- i.e., provision of commitments to mortgage borrowers. It arises from adverse...

The amount for which a mortgagor/ borrower facing foreclosure is held personally liable if the sale proceeds of the foreclosed...

It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...

A financial crisis, widely known as the Mexican peso crisis, that was originated in Mexico over the span of the...

A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...