Speed


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Speed

Speed

1. In mortgage-backed securities, the estimated rate at which homeowners will pay off the underlying mortgages of an MBS. The equivalent of the coupon on a mortgage-backed security is a percentage of the interest and principal paid on the mortgages backing the security. A risk associated with mortgage-backed securities is that too many homeowners will pay off their mortgages with too much speed, depriving the holder of the MBS from future interest payments.
References in classic literature ?
For example, sir, in a dark, low, cross-beamed, panelled room of an old house, let us suppose a dead man, sitting in an arm-chair, with a blood-stain on his shirt-bosom, --and let us add to our hypothesis another man, issuing from the house, which he feels to be over-filled with the dead man's presence,--and let us lastly imagine him fleeing, Heaven knows whither, at the speed of a hurricane, by railroad
Tarry a space with us," answered Robin, biting back a smile, "and we will speed you on your way.
Driving my fleet air craft at high speed directly behind the warriors I soon overtook them and without diminishing my speed I rammed the prow of my little flier between the shoulders of the nearest.
The Tankadere bore sail admirably, as she drew a great deal of water, and everything was prepared for high speed in case of a gale.
The point, however, is that Captain S-, who used to say frequently, "She never made a decent passage after I left her," seemed to think that the secret of her speed lay in her famous commander.
He then remounted his own chariot, seized the reins, and drove with all speed in search of the son of Tydeus.
I had not dared pull my speed lever to the highest for fear of overrunning the mouth of the shaft that passed from Omean's dome to the world above, but even so we were hitting a clip that I doubt has ever been equalled on the windless sea.
The aeronauts swept on with the speed of twelve miles per hour, and soon were passing in thirty-eight degrees twenty minutes east longitude, over the village of Tounda.
As if aware of her danger, the wolf turned her eyes on Karay, tucked her tail yet further between her legs, and increased her speed.
The instant that its entire length was within the black aperture it sprang forward with the speed of a rifle ball.
Fortunately, the ground where the tent had been pitched, being Just before the city gates, was hard and smooth; and while the Ant still crawled about, Glinda discovered it and ran quickly forward to effect its capture But, Just as her hand was descending, the Witch, now fairly frantic with fear, made her last transformation, and in the form of a huge Griffin sprang through the wall of the tent -- tearing the silk asunder in her rush -- and in a moment had darted away with the speed of a whirlwind.
My speed and control must both have been above the ordinary, for I made such a record during my senior year at college that overtures were made to me in behalf of one of the great major-league teams; but in the tightest pitch that ever had confronted me in the past I had never been in such need for control as now.