Meaning SECONDARY MORTGAGE MARKET: Buying and selling existing mortgage loans, which are often pooled and traded as mortgage-backed securities
More terms such as Secondary mortgage market in Dictionary S.
- Definition Sinking Fund:
- Examples A fund to which money is added on a regular basis that is used to ensure investor confidence that promised payments will be made and that is used to redeem debt securities or preferred stock issues secondary mortgage market definition.
- Definition Selling Short:
- Examples actually owned. If an investor thinks the price of a stock is going down, the investor could borrow the stock from a broker and sell it. Eventually, the investor must buy the stock back on the open secondary mortgage market explain.
- Definition Second Mortgage Lending:
- Examples Loans secured by real estate previously pledged in a first mortgage secondary mortgage market what is.
- Definition Shareholders' Letter:
- Examples A section of an annual report where one can find general overall discussion by management of successful and failed strategies. Provides guidance for looking at specific parts of the report secondary mortgage market meaning.
- Definition Severally But Not Jointly:
- Examples An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members secondary mortgage market abbreviation.
