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Mortgage pool
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Mortgage poolA group of mortgages with similar class, interest rate, and maturity characteristics.
RELATED TERMS--------------------------------------
Group
A group generally includes a parent company and its subsidiaries, but it may also include affiliates.
Class
In the case of derivative products, options of the same type-put or call-with the same underlying security.
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Maturity
1) The length of time until the principal amount of a bond must be repaid. 2) The end of the life of a security.
SIMILAR TERMS--------------------------------------
Mortality risk
An opinion rendered by a company's independent auditors.
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
Mortgage agreement in principle
An expression of a mortgage lender's willingness to enter into an agreement subject to other conditions being met, such as credit checks and a satisfactory property valuation.
Mortgage application
A form to apply for a mortgage loan.
Mortgage backed security
A security, backed by one or more mortgages.
Mortgage banker
A company or individual that originates mortgage loans and sells them to investors, while taking care of borrowers' loan payments, records, taxes, and insurance.
Mortgage banking
The specific area within the banking industry oriented to the mortgage loan business.
Mortgage bond
A bond in which the issuer has granted the bondholders a lien against the pledged assets.
Mortgage broker
A professional broker who deals in the real estate and financial industries obtaining better mortgage conditions for his or her clients.
Mortgage broker career
A person's career as a broker in the mortgage market.
Mortgage broker license
The license allowing a person to perform mortgage intermediation between the financial and credit institutions and the final customers needing a mortgage to buy property.
Mortgage calculator
A device or software specifically intended to provide mortgage loan repayment calculations, especially to know how many monthly fees will be necessary or the amount to be paid every month.
MORTGAGE CHOICE Limited
MORTGAGE CHOICE Limited is a large Australian company in the field of banking. Their Australian Stock Exchange (ASX) code is MOC.
Mortgage company
A bank or another financial institution which provides mortgage loans to the public.
Mortgage duration
A modification of standard duration to account for the impact on duration of MBSs of changes in prepayment speed resulting from changes in interest rates.
Mortgage financing
Financing of property loans (mortgages).
Mortgage indemnity
A mortgage indemnity allows a mortgage lender to recover the costs incurred from a repossession by pursuing the former owner for the difference between what the property was sold for and what the former owner still owes under the mortgage.
Mortgage insurance
An insurance (often mandatory) by which the creditor pays a monthly or annual fee to an insurance company so that, if he or she dies, the bank or other mortgage lender will recover their lent money.
Mortgage insurance quote
A quote on the insurance fee to be paid for a mortgage.
Mortgage interest
The interest rate to be paid on a mortgage loan.
Mortgage interest deduction
In the US, an allowable federal tax deduction for the annual interest paid on a mortgage.
Mortgage interest rate
The interest rate to be paid on a mortgage loan.
Mortgage interest relief at source (MIRAS)
The mechanism by which in UK.. income tax relief was extended to a borrower on the interest paid on the first £30,000 of a mortgage on their main home.
Mortgage lender
A company or individual lending money for others to buy property.
Mortgage life insurance
An insurance (often mandatory) by which the creditor pays a monthly or annual fee to an insurance company so that, if he or she dies, the bank or other mortgage lender will recover their lent money.
Mortgage loan
A loan to buy property, guaranteed with the same property one is buying.
Mortgage marketing
Marketing strategies and techniques applied to the mortgage loan industry.
Mortgage pass-through security
Also called a pass-through, a security created when one or more mortgage holders form a collection (pool) of mortgages and sells shares or participation certificates in the pool.
Mortgage payment
The repayment of the property loan, or mortgage.
Mortgage pipeline
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.
Mortgage pipeline risk
The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period.
Mortgage protection
The combined guarantees and security measures to be taken when entering a mortgage agreement.
Mortgage protection insurance
This covers the loan repayments made by borrowers in the event that they are unable to meet them, for example, through illness or redundancy.
Mortgage quote
A quote on a mortgage repayment period or interest rate.
Mortgage quote UK
A quote for a specific mortgage loan oriented to property within the United Kingdom of Great Britain and Northern Ireland.
Mortgage rate
The interest rate to be paid on a mortgage loan.
Mortgage rate calculator
A calculator of mortgage loan interest rates.
Mortgage refinancing
Negotiation with one's current bank or a new one in order to refinance a mortgage loan and thus pay less every month or shorten the repayment period.
Mortgage servicing
The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan.
Mortgage software
Software designed to calculate mortgage loans
Mortgage table
A table showing different mortgage offers by various lenders, to compare interest, repayment period and other terms and conditions.
Mortgage UK
A specific mortgage loan oriented to property within the United Kingdom of Great Britain and Northern Ireland.
Mortgage-backed securities (MSBs)
Securities backed by a pool of mortgage loans.
Mortgage-Backed Securities Trust
Mortgage-Backed Securities Trust is one of Canada's largest companies.
Mortgagee
An entity that lends money to a borrower for the purpose of purchasing a piece of real property.
Mortgagor
A trust which transfers interest to a spouse for life, but which permits that the assets be distributed to someone else on the spouse's death.
MORTON Credit Union
MORTON is a credit union with head office in TAUNTON, MA
MORTON MANISTEE Credit Union
MORTON MANISTEE is a credit union with head office in MANITSEE, MI
MORTON R. LANE STATE UNIV Credit Union
MORTON R. LANE STATE UNIV is a credit union with head office in BUFFALO, NY
MORTON WEEKS Credit Union
MORTON WEEKS is a credit union with head office in LYDIA, LA
PREVIOUS AND NEXT TERMS--------------------------------------
Mortgage interest deduction
In the US, an allowable federal tax deduction for the annual interest paid on a mortgage.
Mortgage interest relief at source (MIRAS)
The mechanism by which in UK.. income tax relief was extended to a borrower on the interest paid on the first £30,000 of a mortgage on their main home.
Mortgage pass-through security
Also called a pass-through, a security created when one or more mortgage holders form a collection (pool) of mortgages and sells shares or participation certificates in the pool.
Mortgage pipeline
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.
Mortgage pipeline risk
The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period.
Mortgage pool
Mortgage protection insurance
This covers the loan repayments made by borrowers in the event that they are unable to meet them, for example, through illness or redundancy.
Mortgage servicing
The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan.
Mortgage-backed securities (MSBs)
Securities backed by a pool of mortgage loans.
Mortgagee
An entity that lends money to a borrower for the purpose of purchasing a piece of real property.
Mortgagor
A trust which transfers interest to a spouse for life, but which permits that the assets be distributed to someone else on the spouse's death.
RELATED TERMS--------------------------------------
Group
A group generally includes a parent company and its subsidiaries, but it may also include affiliates.
Class
In the case of derivative products, options of the same type-put or call-with the same underlying security.
Interest
The amount of money a lender loans a borrower to pay for using the borrower's principal.
Maturity
1) The length of time until the principal amount of a bond must be repaid. 2) The end of the life of a security.
SIMILAR TERMS--------------------------------------
Mortality risk
An opinion rendered by a company's independent auditors.
Mortgage
A loan, usually to buy property, which serves as security for the loan; to take out a loan with a property as security.
Mortgage agreement in principle
An expression of a mortgage lender's willingness to enter into an agreement subject to other conditions being met, such as credit checks and a satisfactory property valuation.
Mortgage application
A form to apply for a mortgage loan.
Mortgage backed security
A security, backed by one or more mortgages.
Mortgage banker
A company or individual that originates mortgage loans and sells them to investors, while taking care of borrowers' loan payments, records, taxes, and insurance.
Mortgage banking
The specific area within the banking industry oriented to the mortgage loan business.
Mortgage bond
A bond in which the issuer has granted the bondholders a lien against the pledged assets.
Mortgage broker
A professional broker who deals in the real estate and financial industries obtaining better mortgage conditions for his or her clients.
Mortgage broker career
A person's career as a broker in the mortgage market.
Mortgage broker license
The license allowing a person to perform mortgage intermediation between the financial and credit institutions and the final customers needing a mortgage to buy property.
Mortgage calculator
A device or software specifically intended to provide mortgage loan repayment calculations, especially to know how many monthly fees will be necessary or the amount to be paid every month.
MORTGAGE CHOICE Limited
MORTGAGE CHOICE Limited is a large Australian company in the field of banking. Their Australian Stock Exchange (ASX) code is MOC.
Mortgage company
A bank or another financial institution which provides mortgage loans to the public.
Mortgage duration
A modification of standard duration to account for the impact on duration of MBSs of changes in prepayment speed resulting from changes in interest rates.
Mortgage financing
Financing of property loans (mortgages).
Mortgage indemnity
A mortgage indemnity allows a mortgage lender to recover the costs incurred from a repossession by pursuing the former owner for the difference between what the property was sold for and what the former owner still owes under the mortgage.
Mortgage insurance
An insurance (often mandatory) by which the creditor pays a monthly or annual fee to an insurance company so that, if he or she dies, the bank or other mortgage lender will recover their lent money.
Mortgage insurance quote
A quote on the insurance fee to be paid for a mortgage.
Mortgage interest
The interest rate to be paid on a mortgage loan.
Mortgage interest deduction
In the US, an allowable federal tax deduction for the annual interest paid on a mortgage.
Mortgage interest rate
The interest rate to be paid on a mortgage loan.
Mortgage interest relief at source (MIRAS)
The mechanism by which in UK.. income tax relief was extended to a borrower on the interest paid on the first £30,000 of a mortgage on their main home.
Mortgage lender
A company or individual lending money for others to buy property.
Mortgage life insurance
An insurance (often mandatory) by which the creditor pays a monthly or annual fee to an insurance company so that, if he or she dies, the bank or other mortgage lender will recover their lent money.
Mortgage loan
A loan to buy property, guaranteed with the same property one is buying.
Mortgage marketing
Marketing strategies and techniques applied to the mortgage loan industry.
Mortgage pass-through security
Also called a pass-through, a security created when one or more mortgage holders form a collection (pool) of mortgages and sells shares or participation certificates in the pool.
Mortgage payment
The repayment of the property loan, or mortgage.
Mortgage pipeline
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.
Mortgage pipeline risk
The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period.
Mortgage protection
The combined guarantees and security measures to be taken when entering a mortgage agreement.
Mortgage protection insurance
This covers the loan repayments made by borrowers in the event that they are unable to meet them, for example, through illness or redundancy.
Mortgage quote
A quote on a mortgage repayment period or interest rate.
Mortgage quote UK
A quote for a specific mortgage loan oriented to property within the United Kingdom of Great Britain and Northern Ireland.
Mortgage rate
The interest rate to be paid on a mortgage loan.
Mortgage rate calculator
A calculator of mortgage loan interest rates.
Mortgage refinancing
Negotiation with one's current bank or a new one in order to refinance a mortgage loan and thus pay less every month or shorten the repayment period.
Mortgage servicing
The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan.
Mortgage software
Software designed to calculate mortgage loans
Mortgage table
A table showing different mortgage offers by various lenders, to compare interest, repayment period and other terms and conditions.
Mortgage UK
A specific mortgage loan oriented to property within the United Kingdom of Great Britain and Northern Ireland.
Mortgage-backed securities (MSBs)
Securities backed by a pool of mortgage loans.
Mortgage-Backed Securities Trust
Mortgage-Backed Securities Trust is one of Canada's largest companies.
Mortgagee
An entity that lends money to a borrower for the purpose of purchasing a piece of real property.
Mortgagor
A trust which transfers interest to a spouse for life, but which permits that the assets be distributed to someone else on the spouse's death.
MORTON Credit Union
MORTON is a credit union with head office in TAUNTON, MA
MORTON MANISTEE Credit Union
MORTON MANISTEE is a credit union with head office in MANITSEE, MI
MORTON R. LANE STATE UNIV Credit Union
MORTON R. LANE STATE UNIV is a credit union with head office in BUFFALO, NY
MORTON WEEKS Credit Union
MORTON WEEKS is a credit union with head office in LYDIA, LA
PREVIOUS AND NEXT TERMS--------------------------------------
Mortgage interest deduction
In the US, an allowable federal tax deduction for the annual interest paid on a mortgage.
Mortgage interest relief at source (MIRAS)
The mechanism by which in UK.. income tax relief was extended to a borrower on the interest paid on the first £30,000 of a mortgage on their main home.
Mortgage pass-through security
Also called a pass-through, a security created when one or more mortgage holders form a collection (pool) of mortgages and sells shares or participation certificates in the pool.
Mortgage pipeline
The period from the taking of applications from prospective mortgage borrowers to the marketing of the loans.
Mortgage pipeline risk
The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period.
Mortgage pool
Mortgage protection insurance
This covers the loan repayments made by borrowers in the event that they are unable to meet them, for example, through illness or redundancy.
Mortgage servicing
The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan.
Mortgage-backed securities (MSBs)
Securities backed by a pool of mortgage loans.
Mortgagee
An entity that lends money to a borrower for the purpose of purchasing a piece of real property.
Mortgagor
A trust which transfers interest to a spouse for life, but which permits that the assets be distributed to someone else on the spouse's death.
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This dictionary contains 24549 terms.
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