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principal-only securities |
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principal-only securities (POS) Collateralized mortgage obligations issued by the Government National Mortgage Association (Ginnie Mae) that have been stripped out into bonds based only on interest payments (interest-only securities) and those based solely on principal payments (principal-only securities). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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