Mortgage pass-through security

A security consisting of a Pool of residential mortgage Loan. All payments of Principal and Interest are passed through to investors each month. Issued by Ginnie Mae, Freddie Mac and others. also called Pass-through.

Related Terms: 14 ACH, Call, ECU, Ginnie Mae, Interest, Inc., Loan, Mortgage, Pass-through, Pool, Principal, Residential mortgage, SEC, Sue

Other Related Pages: Category: Stocks Starting With: M

Additional Related Terms: ACH, Accrual of discount, Accrued interest, Agency security, Amortization of premium, Asset-backed security, All or any part, At call, All-risks coverage, Add-on service