Advertising

Pass through securities

• A pool of fixed-income securities backed by a package of assets (i.e. mortgages) where the holder receives the principal and interest payments. Related: mortgage pass-through security

 
 

Follow this link for all the terms related to securities.

 
 Embedded terms in definition
 Assets
E
Interest payments
Interest
Mortgage
Pool
Principal
Securities
 
 Related Terms
 

<< Pass through rate Pass throughs >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful. - Herman Cain

Advertising



Copyright 2009-2019 GVC. All rights reserved.