Multiclass Mortgage Securities

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

Package Mortgage

Business / Finance / Package Mortgage: A mortgage on a house and property in the house. MORE

Participation Mortgage

Business / Real Estate / Participation Mortgage: A mortgage loan wherein the lender has a partial equity interest in the property or receives a portion of the income from the property. MORE

Pass-Through Securities

Business / Finance / Pass-Through Securities: A pool of fixed income securities backed by a package of assets (i.e., mortgages) where the holder receives the principal and interest payments. Related: Mortgage pass-through security MORE

Pension Mortgage

Business / Debt / Pension Mortgage: A personal mortgage is a type of personal pension plan which utilises the tax free lump sum entitlement from the pension fund at retirement age to repay a mortgage whilst the remainder is used to prov MORE

Open-End Mortgage

Business / Finance / Open-End Mortgage: Mortgage against which additional debts may be issued. Related: Closed-end mortgage. MORE

Open End Mortgage

Business / Debt / Open End Mortgage: A mortgage permitting the mortgagor to borrow additional money under the same mortgage, with certain conditions, usually as to the assets of the mortgage. MORE

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