pass-through securities

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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

Pass-Through Security

A derivative security representing the receivables on some debt. That is, a shareholder of a pass-through security is entitled to a portion of the income from the debt. Generally, a pass-through security has a large number of debts underlying it; for example, a pass-through may represent a portion of several hundred car loans. The most common type of pass-through is a mortgage-backed security.

pass-through certificates (or securities)

Interests in a pool of mortgages sold to investors.

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Agency Pass-Throughs CARDs Certificates for Amortizing Revolving Debts Certificates of Amortized Revolving Debt Certificates of Automobile Receivables Conventional pass-throughs Fully Modified Pass-Throughs Ginnie Mae Pass Through Ginnie Mae Pass-Through GNMA Midget Gnomes Modified Pass-Throughs mortgage participation certificate pass-through certificates Pass-Through Coupon Rate Pass-Through Security pass-throughs Production Rate			Part IV rounds out fixed-income calculations with a discussion of bonds with call options, mortgages, mortgage pass-through securities and strips. Fixed Income Mathematics by Cook, C. Gerald / Mortgage Banking Capstead's core investment strategy is managing a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of ARM securities issued and guaranteed by government-sponsored entities, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae. Capstead Mortgage Corporation Declares a $0.56 Per Share Third ... by Business Wire The FFIEC's proposed test for "high risk" appears to have been developed without sufficient consideration of the average life and price sensitivity of non-derivative pass-through securities currently treated as suitable investments for banks and thrifts. Secondary market by Taliefero, Michael / Mortgage Banking			Participating Preferred Stock participation Participation Certificate Participation Certificates Participation Loan Participation Rate parties partition partition auction Partly Taxable Pensions Partner partnership Partnership Account Partnership Agreement Party in Interest party wall Pasar a perdida Pasivo Pasivo circulante Pasivo contingente Pasivo transitorio Pass the Book pass-through certificates Pass-Through Coupon Rate Pass-Through Rate pass-through securities Pass-Through Security pass-throughs Passed Dividend Passif a court terme Passif conditionnel Passifs transitoires Passing the Book Passive passive activity passive activity expenses passive activity income passive activity loss Passive Bond Passive Debt Passive Foreign Investment Company passive income passive income generator Passive Investing Passive Investment Management Passive Investment Strategy passive investor Passive Losses Passive Management Passive Market Making passive portfolio			pass with flying colors pass without notice Pass word Pass word Pass word Pass-A-Grille Yacht Club pass-along Pass-band Pass-band pass-by Pass-by-reference Pass-by-value pass-fail PASS-K Pass-key Pass-parole Pass-phrase PASS-R pass-through pass-through pass-through pass-through Pass-through Applications Pass-Through Certificate Pass-Through Certificates Pass-through coupon rate Pass-Through Coupon Rates Pass-Through Entity Pass-through rate Pass-Through Rates pass-through securities Pass-through Security Pass-through Security Pass-through Security Pass-through Security Pass-through Security Pass-Through Virtual Machine pass-throughs pass-throughs pass-throughs Pass-To-Holder Pass-Transistor Logic Pass-word Pass-word Pass-word pass. Pass/Fail PASSA PASSA PASSA PASSA Passability of Terrain passable passable passable passableness passableness passableness passably passably passably

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