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Mortgage Pool

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Mortgage pool
A group of mortgages with similar class, interest rate, and maturity characteristics.
Mortgage Pool
A group of mortgages that may be placed into the same investment vehicle, especially a mortgage-backed security. The mortgage pool is collected and then divided up into smaller pieces, each containing the same proportion of the individual mortgages; the pieces are then sold as securities. Generally speaking, the mortgages in a mortgage pool have the same characteristics, such as similar maturities.
mortgage pool
A combination of similar mortgages used as collateral for loans or for participation certificates sold to investors. Also called pool.
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IN AN OCTOBER SPECIAL REPORT, HOME Equity Index Update, Second Quarter 2001 Data: Home Equity Delinquencies Continue to Rise, Chargeoffs Spike Upward, Moody's Investors Service, New York, reports that the average chargeoff rate in mortgage pools included in Moody's Home Equity Index Composite (HEIC) spiked in June 2001 to a record-high level of 2.
Rising delinquencies lead to record-high chargeoff rate. (Business ... by Mortgage Banking
com' by performing a title search for 'Second Lien Rating Actions for November 2, 2009', and a summary of the mortgage pool and bond analysis can be found by performing a title search for 'RMBS Loss Metrics.
Fitch Takes Various Actions on 75 U.S. Second Lien & HELOC RMBS ... by Business Wire
The mortgage pool consists of two separate loan groups.
Fitch Rates CWMBS $781.8MM Mtge P-T Ctfs Series 2007-2 by Business Wire
 
 
 
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