Business / Finance / GNMA-II: Mortgage-backed securities (M.B.S.) on which registered holders receive separate principal and interest payments on each of their certificates, usually directly from the servicer of the M.B.S. pool. GNMA-I mortgage-backed securities are single-issuer pools.
Business / Finance / Gnomes: Mortgage-backed securities (M.B.S.) on which registered holders receive an aggregate principal and interest payment from a central paying agent on all their certificates. Principal and interest paymen MORE
Business / Finance / Multiple-Issuer Pools: Under the GNMA-II program, pools formed through the aggregation of individual issuers' loan packages. MORE