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48 hour rule

• The requirement that all pool information, as specified under the PSA Uniform Practices, in a TBA transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48-hoursprior to the agreed upon trade date.

 
 Embedded terms in definition
 M
Pool
Psa
Tba
Trade date
Trade
 
 Related Terms
 Basic irr rule
Capital impairment rule
Discounted payback period rule
Insolvency rule
Net present value rule
Net profits rule
Prudent investor rule
Rule 144a
Rule 415
Rule of 5
Rule of 72
Sec rule 15c3 1
Triple witching hour
Uniform net capital rule
Variance rule

<< 457 plan 5/52 >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

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