A description of the credit quality of the classes or tranches of a commercial mortgage-backed security (CMBS), or any similar...
A description of the credit quality of the classes or tranches of a commercial mortgage-backed security (CMBS), or any similar...
It stands for mortgage passthrough security; a security (a mortgage-backed security, MBS) that is created from pooling mortgages (mortgage loans,...
A high-yield, asset-based debt security that is issued by an insurance company with principal, interest, or both linked to the...
A security (a mortgage-backed security, MBS) that is created from pooling mortgages (mortgage loans, as underlying) and sells shares or...
A tranche, in a securitized structure, that receives only the interest payments on the underlying collateral (e.g., MBS, MBO, etc.)...
It stands for interest only tranche; a tranche, in a securitized structure, that receives only the interest payments on the...
A floating-rate note (FRN) that grants issuers and investors the right to convert from a floating rate of interest to…
A cash CDO in which the underlying collateral pool generates sufficient cash flows to pay the stated coupon and principal…
A floater (floating-rate note) which has a minimum and a maximum interest rate, i.e., an embedded collar. This collar has…