Mortgage Pool

Business / Finance / Mortgage Pool: A group of mortgages with similar class, interest rate, and maturity characteristics.

Other Words for Pool

Pool Noun Synonyms: syndicate, trust, group, consortium, cartel, combine
Pool Adjective Synonyms: pond, lake, tarn, mere, lagoon, swimming-pool, leisure pool, wading pool, paddling pool, wading pool, natatorium
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Multiclass Mortgage Securities

Business / Real Estate / Multiclass Mortgage Securities: Short- and long-term mortgage securities, with or without pass-through privileges. MORE

Multiple-Issuer Pools

Business / Finance / Multiple-Issuer Pools: Under the GNMA-II program, pools formed through the aggregation of individual issuers' loan packages. MORE

Mutual Mortgage Insurance

Business / Real Estate / Mutual Mortgage Insurance: Insurance premiums and other specified FHA revenues are paid into one of four FHA funds. Losses due to foreclosure are met from these funds. MORE

Mortgager

Business / Finance / Mortgager: The borrower of a loan secured by property. MORE

Mortgagees Title Insurance

Business / Real Estate / Mortgagees Title Insurance: An insurance policy protecting the lender for the amount of the loan in the event of a future title dispute. MORE

Mortgage-Backed Security (MBS)

Business / Real Estate / Mortgage-Backed Security (MBS): A security guaranteed by pools of mortgages and used to channel funds from securities markets to housing markets. Ginnie Mae has a popular MBS program recognized for its low risk and high yield. The G MORE

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