Modified pass-through

An Agency pass-through that guarantees timely Interest payments, and Principal payments as collected, but no later than a specified time after they are due.

Related Terms: 7 Agency, ECI, Guarantee, Interest, Inc., Pass-through, Principal

Other Related Pages: Category: Lending_and_Credit Starting With: M

Additional Related Terms: Accrued interest, After-tax basis, Agency bond, Agency security, At par, Agency, At best, At call, At risk, As is