pass-through security
A security on which the payments of interest and principal received by the issuing SPV on the pooled assets are passed to the investors in equal measu [...]
A security on which the payments of interest and principal received by the issuing SPV on the pooled assets are passed to the investors in equal measu [...]
The cost of funds used to finance a business or a transaction – both the cost of equity and the cost of debt. [...]
A promissory note secured by a mortgage evidencing the obligation of the mortgagor to repay to the mortgage holder the mortgage loan plus interest at [...]
A security interest in property held by a lender to secure a borrower’s performance in accordance with the terms and conditions of the loan agreement [...]
The borrower of a mortgage loan, who assigns to the mortgage lender a security interest in the property owned by the borrower as security for the loan [...]
A right to or interest in property and payments that burdens the clarity of good title to the property, including security interests in real or person [...]
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