Contraction risk is a type of prepayment risk that is faced by holders of fixed-income securities and other types of...

A type of risk that is associated with loans and loan pools (pooled loans, such as mortgage pools) in the...

A collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows into short, medium,…

A collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows into short, medium,…

The risk that arises during periods of rising interest rates when borrowers tend to pay off their loans later than...

The risk that arises from premature repayment (by a borrower to a lender) of the "outstanding" amount of a loan...

A tranche of a collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows...

A tranche (specifically, a CMO tranche) that is designed to protect investors from prepayment risk. To that end, it absorbs...

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

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