A financial instrument that combines at least one derivative contract with underlying assets such as stocks and fixed-income securities. It is a hybrid instrument that...
An instrument that allows investors to participate in the return of a specific underlying asset. Participation is often up to...
A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...
A bond that carries a limited or low risk of default and therefore is granted high ratings by credit rating...
The inventory of mortgages that have been closed (i.e., no more in the pipeline) and are parked for sale in...
A pipeline or mortgage pipeline describes mortgages that are in the process of being originated. Origination involves creating a loan...
A type of risk that arises from the probability that a prospective borrower may fail to fulfill its mortgage loan...
Origination is the process that involves pooling of debt (with different risk-reward profiles) into portfolios, before selling them to to...
A certificate of deposit (CD) or savings account which is held in a bank or depository institution for a preset...
A certificate of deposit (CD) or savings account which is held in a bank or depository institution for a preset...