• Is the combining of different loans into standardized or predefined units for trading purposes. This activity increases the homogenization of the underlying collateral. A key benefit of pooling is a diverse, generic security.
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| ||Commingling: Is the illegal mixing or Pooling of client and broker/dealer or Futures Commission Merchant (FCM) funds, securities, or positions.|
| ||Purchase method: Accounting for an acquisition using market value for the consolidation of the two entities' net assets on the balance sheet. Generally, depreciation/amortization will increase for this method compared with Pooling and will result in lower net income.|
| ||Real estate mortgage investment conduit: Is a vehicle to minimize double taxation of income from a Pooling of mortgages.|
| ||Securitization: Securitization occurs when a financial security is created which is a claim to the cashflows of a collection (or pool) of individual real or financial assets (typically loans originated by banks or S&Ls). Hence, securitization turns a loan (an illiquid asset) into a liquid asset or a security.Is the process of homogenizing and packaging financial instruments into a new fungible one. Acquisition, classification, collateralization, composition, Pooling and distribution are functions within this process. One common advantage of securitization is the enhancement of liquidity relative to the underlying collateral or financial instrument. Another benefit is the movement towards standardization of unit specifications.The process of creating a pass-through, such as the mortgage pass-through security, by which the pooled assets become standard securities backed by those assets. Also, refers to the replacement of non marketable loans and/or cash flows provided by financial intermediaries with negotiable securities issued in the public capital markets.|
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| ||Pooling of interests|
Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...
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