Meaning STRIPPED MORTGAGE-BACKED SECURITIES (SMBS): Securities that redistribute the cash flows from the underlying generic MBS collateral into the principal and interest components of the MBS to enhance their attaractiveness to different groups of investors
More terms such as Stripped mortgage-backed securities (SMBS) in Dictionary S.
- Definition Synchronous Data:
- Examples Information available at the same time. To test option-pricing models, the price of the option and of the underlying should be synchronous and reflect the same moment in the market stripped mortgage-backed securities (smbs) definition.
- Definition Single Option:
- Examples A single put option or call option, as opposed to a spread or straddle, which involves multiple puts and calls stripped mortgage-backed securities (smbs) explain.
- Definition Soft Spot:
- Examples Stocks or groups of stocks that remain weak in a strong market stripped mortgage-backed securities (smbs) what is.
- Definition Signature Loan:
- Examples A good faith loan that is unsecured and requires only the borrower's signature on the loan application stripped mortgage-backed securities (smbs) meaning.
- Definition Sale:
- Examples An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery stripped mortgage-backed securities (smbs) abbreviation.
