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Participating Instrument

An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...

Pipeline

A pipeline or mortgage pipeline describes mortgages that are in the process of being originated. Origination involves creating a loan...

Product Risk

A type of risk that is associated with a financial product that is offered or made but may not be...

PLMBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

Private-Label Mortgage-Backed Security

A type of mortgage-backed security (MBS) that is issued by private entities (not government agencies) to back and issue a...

PL MBS

It stands for private label mortgage backed security; a type of mortgage-backed security (MBS) that is issued by private entities...

Private-Label MBS

A type of mortgage-backed security (MBS) that is issued by private entities (not government agencies) to back and issue a...

PL Mortgage

It stands for private label mortgage; a type of mortgage (mortgage loan) that is used by private entities (not government...

Private Label Mortgage

A type of mortgage (mortgage loan) that is used by private entities (not government agencies) to back and issue non-agency...

Preferreds

A type of fixed-income securities with equity-like features mainly issued by large financial institutions such as banks, insurance firms, etc....