0
What does POA mean relating to non-agency mortgage backed securities?
Wiki User
∙ 13y ago
Payment Option Arm
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the purpose of commercial mortgage backed securities?
The purpose of commercial mortgage backed securities is to take out loans using commercial mortgage properties as a form of collateral. You can learn more about this at the Wikipedia. Once on the website, type "Commercial mortgage backed security" into the search field at the top of the page and press enter to bring up the information.
What is a Mortgage Backed Security?
Mortgage-backed securities (MBS) are debt obligations that represent claims to the cash flows from pools of mortgage loans, most commonly on residential property. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by a governmental, quasi-governmental, or private entity. The entity then issues securities that represent claims on the principal and interest payments made by borrowers on the loans in the pool, a process known as securitization.
What type of loan does Freddie Mac provide?
Freddie Mac is a government-sponsored corporation that buys home mortgages and sells them as mortgage-backed securities.
How does the stock market effect mortgage refinancing rates?
When the stock market drops it tends to help mortgage rates since investors tend to go towards Mortgage Backed Securities. However, as of now there is no direct correlation between the two.
Where can one seek advice regarding mortgage backed securities?
Mortgage brokers, and financial advisors can help you find advice you may be looking for regarding mortgage backed securities. Mortgage companies will offer you some kind of mortgage insurance, right along with your mortgage.
What is the symbol for Vanguard Mortgage-Backed Securities ETF in NASDAQ?
The symbol for Vanguard Mortgage-Backed Securities ETF in NASDAQ is: VMBS.
What is the market cap for Vanguard Mortgage Backed Securities ETF VMBS?
As of July 2014, the market cap for Vanguard Mortgage-Backed Securities ETF (VMBS) is $429,844,000.00.
What has the author William W Bartlett written?
William W. Bartlett has written: 'To Fathoms in Hell and Back' 'Mortgage-backed securities' -- subject(s): Mortgage-backed securities
What has the author James M Peaslee written?
James M. Peaslee has written: 'Federal income taxation of mortgage backed securities' -- subject(s): Law and legislation, Mortgage-backed securities, Taxation, Taxation of bonds, securities
What has the author Lynn M Edens written?
Lynn M. Edens has written: 'Mortgage securities research' -- subject(s): Mortgage-backed securities
What is the purpose of commercial mortgage backed securities?
The purpose of commercial mortgage backed securities is to take out loans using commercial mortgage properties as a form of collateral. You can learn more about this at the Wikipedia. Once on the website, type "Commercial mortgage backed security" into the search field at the top of the page and press enter to bring up the information.
What is a Mortgage Backed Security?
Mortgage-backed securities (MBS) are debt obligations that represent claims to the cash flows from pools of mortgage loans, most commonly on residential property. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by a governmental, quasi-governmental, or private entity. The entity then issues securities that represent claims on the principal and interest payments made by borrowers on the loans in the pool, a process known as securitization.
What caused the aig bail out?
AIG's collapse was not due to insolvency but illiquidity. They had mortgage backed securities which derive their income from a pool of mortgages that had been securitized. The bailout came at a cost to AIG as the Treasury received warrants for approximately 80% of all shares. Thus, to some, the bailout was a nationalization of the company. See wikipedia on AIG and mortgage backed securities.
What type of loan does Freddie Mac provide?
Freddie Mac is a government-sponsored corporation that buys home mortgages and sells them as mortgage-backed securities.
How does the stock market effect mortgage refinancing rates?
When the stock market drops it tends to help mortgage rates since investors tend to go towards Mortgage Backed Securities. However, as of now there is no direct correlation between the two.
Which types of bonds are available through a bank?
There are many types of bonds that are available through a bank. The types of bonds available include US Government securities, Mortgage backed securities, municipal bonds, and corporate bonds.
Where can one seek advice regarding mortgage backed securities?
Mortgage brokers, and financial advisors can help you find advice you may be looking for regarding mortgage backed securities. Mortgage companies will offer you some kind of mortgage insurance, right along with your mortgage.
