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Ginnie Mae pass-through
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Ginnie Mae pass-through
A fixed-income security that represents an undivided
Interest
in a
Pool
of federally
Insured
mortgages
Put
together by Ginnie Mae. The investor in a
Ginnie Mae
pass-through receives both the
Principal
and the
Interest
from the
Pool
of
Mortgage
.
Related Terms: 15
ECU
,
Fed
,
Ginnie Mae
,
Ginnie Mae pass-through
,
Insured
,
Interest
,
Inc.
,
Insured mortgage
,
Mortgage
,
Pass-through
,
Pool
,
Principal
,
Put
,
Rally
,
SEC
Other Related Pages:
Category: Real_Estate
Starting With: G
Additional Related Terms:
Accrual of discount
,
Accrued interest
,
Agency security
,
Amortization of premium
,
Asset-backed security
,
At par
,
All or any part
,
At best
,
At call
,
All-risks coverage