Nov 26, 2008 15:21
15 yrs ago
English term
mortgage derivative
GBK
English to Danish
Bus/Financial
Investment / Securities
Definition from
BusinessDictionary.com :
Security that generates income for the investor from the payments of principal and interest on the underlying pool of mortgages. Mortgage backed securities and mortgaged backed passthrough securities are mortgage derivates.
Example sentences:
This National Association of Securities Dealers arbitration involved suitability, excessive trading, and markup claims stemming from mortgage derivative security sales to a not-for-profit community hospital. (ersgroup.com)
A mortgage derivative is an investment product that really increase returns when things go well, and REALLY rack up loses when things don’t. (biggerpockets.com)
The holders of these mortgage derivatives are spread out among many buyers, who buy huge chunks at a set risk and return. There is now way these can be reset to help the defaulting mortgages. (PrudentSquirrel.com)
Change log
Nov 26, 2008 15:21: Mauricio Zoch changed "Stage" from "Preparation" to "Submission"
Nov 29, 2008 15:54: changed "Stage" from "Submission" to "Selection"