Non-agency mortgage backed securities, Financial Management

The mortgage-backed securities dealt with till now are agency mortgage backed securities. There are other MBS which can be for any kind of real estate property. For non-agency backed securities, the first lien is on the mortgaged property. The non-agency backed securities can take the form of pass-throughs or CMOs. In this market, the CMOs are created either from a pool of pass-throughs or unsecuritized mortgage loans. The main difference between an agency mortgage backed-security and a non-agency mortgage backed-security is that the latter does not carry precise government guarantee of payment of interest and principal as is with an agency security.

Posted Date: 9/8/2012 8:17:00 AM | Location : United States







Related Discussions:- Non-agency mortgage backed securities, Assignment Help, Ask Question on Non-agency mortgage backed securities, Get Answer, Expert's Help, Non-agency mortgage backed securities Discussions

Write discussion on Non-agency mortgage backed securities
Your posts are moderated
Related Questions
Q. Objectives of Cash Management? (i) To sustain Optimum Cash Balance: - The major objective of cash management is to determine the optimum cash balance required in the busines

What is Capital Asset Pricing Model? Please provide me report on Capital Asset Pricing Model. It is about 2000 words count report on topic Capital Asset Pricing Model.

Types of Mutual Funds The objectives of a Mutual Fund are as follows: To provide an opportunity for lower income groups to acquire property without much difficulty in the

Question: (a) Describe the main elements of Working capital management? (b) Belle Rive Ltd Belle Rive Ltd has an annual turnover of Rs 60 million of which 80% is on cr

Why does the riskiness of portfolios have to be looked at differently than the riskiness of individual assets? The riskiness of portfolios has to be seemed to be at differently

You are a member of the ALM Committee (ALCO) of ANZ Bank. A visiting member has some queries relating to the general framework of the ALM and interest rate risk impact on the incom

Cost of Preference capital (K ) The fixed rate of dividend payable to the Preference share holders is the cost of Preference capital.  Exactly, the cost of Preference capital

Characteristics of Hedge Funds Hedge Funds are commonly referred to as "absolute return strategies", which means that many are designed to seek positive returns in most market

Current Assets:- Stock of Raw-Materials :- [(Cost of yearly consumption Of raw material)*{ (Average Inventory holding period (weeks/months))}/(52 weeks / 12 months)]=

Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.