FHA Prepayment Experience

Business / Finance / FHA Prepayment Experience: A wire transfer system for high-value payments operated by the Federal Reserve System.

Other Words for Experience

Experience Noun Synonyms: knowledge, contact, involvement, practice, familiarity, acquaintance, exposure, participation, observation
Experience Adjective Synonyms: incident, event, happening, affair, episode, occurrence, circumstance, adventure, encounter, trial, test, ordeal

Prepayment Speed

Business / Finance / Prepayment Speed: Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities. MORE

Prepayment Penalty

Business / Finance / Prepayment Penalty: A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity. MORE


Business / Finance / Prepayments: Payments made in excess of scheduled mortgage principal repayments. MORE

PSA Prepayment Rate

Business / Finance / PSA Prepayment Rate: The Bond Market Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a pool of mo MORE

Zero Prepayment Assumption

Business / Finance / Zero Prepayment Assumption: Applies mainly to international equities. Japanese securities transactions conducted on the principal of auction, i.e., (1) price priority in which the selling (buying) order with the lowest (highest) MORE

Lag Response Of Prepayments

Business / Finance / Lag Response Of Prepayments: A delay of typically about three months between the time the weighted-average coupon of an MBS pool crosses the threshold for refinancing and observation of an acceleration in prepayment speed is obse MORE