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Net coupon

• Is the coupon or interest payment made to the investor of a mortgage backed security. It is lower than the gross coupon of the collateral by an amount equal to the servicing, guarantee, and other applicable fees.

 
 

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 Embedded terms in definition
 Collateral
Coupon
Gross
Interest
Investor
Mortgage
Security
 
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Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained. Marie Curie

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