A debt instrument which gives the issuer the right to deliver more instruments (i.e., bonds)- considered a new tranche by...
A structured note that is designed to provide the potential for capital appreciation at maturity based on a participation rate,...
The reduction in the principal of a mortgage loan by the lender (mortgagee). The write-off makes the amount a borrower...
It stands for mortgage-backed security; a security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage...
A security (specifically, a type of asset-backed security, ABS) which is secured by a mortgage or pool of mortgages. The...
A single line, business, or discipline (usually, in financial services) in which an entity specializes or has its core operations....
A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...
A repo (repurchase agreement) that is repriced on a daily (or even intraday) basis to reflect changes in current market...
Also, loan recasting/ recasting), a process involving a re-amortization of an existing loan, without changing the loan's term or interest rate....
Also, loan recasting/ recasting), a process involving a re-amortization of an existing loan, without changing the loan's term or interest rate....