It stands for collateralized mortgage obligation; a structured product that is backed and collateralized by a pool of mortgage loans...
A structured product that is backed and collateralized by a pool of mortgage loans and similar debt arrangements. It is...
A collateralized mortgage obligation that may change priority to receive principal if certain conditions are present. The principal paydown will...
A mortgage loan (fixed-rate mortgage) that pays flat interest only (IO) over an interest only period within its life (10,...
A mortgage derivative (specifically an asset swap) in which the fixed rate leg is attached to fixed-rate mortgage payments. The...
A securitized debt obligation that generates income from the payments of principal and interest on an underlying pool of mortgage...
A loan that is extended by a bank or financial institution to an individual or firm seeking to buy a...
A total return index swap in which the reference index (or asset) is a mortgage index. The swap is marked...
In general, it refers to the weighted average of the coupon payable on the liabilities of an issuer (debt issuer)....
It stands for weighted average coupon. In general, it refers to the weighted average of the coupon payable on the...