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Self-Amortizing Loan

A loan that is paid back in equal periodic installments. An installment constitutes varying portions of principal and interest over...

TAC

It stands for targeted amortization class; a type of bond class that has a schedule for repayment of principal which...

Targeted Amortization Class

A type of bond class that has a schedule for repayment of principal which is protected against contraction risk for...

Secured Loan

A loan that is guaranteed by collateral and therefore has often lower interest rates than otherwise an identical, but unsecured,...

Mortgage Whole Loan

A mortgage loan, residential or commercial, that is extended to a borrower in whole- i.e., without securitization. The loan is...

Whole Loan

A mortgage loan, residential or commercial, that is extended to a borrower in whole- i.e., without securitization. The loan is...