A collateralized debt obligation (CDO) that is structured in a way compliant with shari'ah rules and principles. The pool (reference...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...
It stands for commercial mortgage-backed securities (CMBS) interest only (IO). These IOs (stripped mortgage products) are coupons stripped from an...
The risk that mortgage brokers encounter in their business- i.e., provision of commitments to mortgage borrowers. It arises from adverse...
The amount for which a mortgagor/ borrower facing foreclosure is held personally liable if the sale proceeds of the foreclosed...
The sale of an asset at less than its market value (or intrinsic value) in order to obtain funds as...
A collateralized mortgage obligation (CMO) in which principal payment allocation is based on the value of a specific index. In...
It stands for graduated payment mortgage; a fixed rate mortgage that entails low payment (of interest and repayment of principal) in...
A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...
A fixed rate mortgage that entails low payment (of interest and repayment of principal) in the early years, and thereafter...