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Whole Loan
(redirected from Whole Loans)

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Whole loan
A term that distinguishes an investment representing an original mortgage loan from a loan representing a participation with one or more lenders.
Whole Loan
Describing a collateralized mortgage obligation that is too large to be issued or guaranteed by Ginnie Mae, Freddie Mac, or Fannie Mae. That is, a whole loan CMO represents jumbo mortgages, which can be riskier than other mortgages. As a result, whole loan CMOs pay a higher yield than those issued by a government agency; because of the lack of a government guarantee on coupon payments, they have a higher exposure to prepayment risk.
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com, the country's first trading site developed solely for the sale of bank whole loans and mezzanine positions.
Carlton launches listing exchange for loan and REO assets by Real Estate Weekly
Today, the multi-trillion-dollar MBS, whole loans and CDO secondary markets are nearly frozen.
SecondMarket Opens Trading of Mortgage-Backed Securities, Whole Loans ... by PR Newswire
These transactions bring the total value of PMT's residential mortgage whole loans and residential mortgage-backed securities as of March 31, 2010 to $200 million.
PennyMac Mortgage Investment Trust Reports First Quarter 2010 Results by Business Wire
 
 
 
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