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 periodicals archive ?
The decision of the Supreme Court of Appeals ruled out that all traffic controls including speed traps should be aimed at protecting the public and helping them to drive safely and that it is unacceptable to set up a speed trap and expect a driver who fails to comply with the speed limit to pay a fine without first informing the driver about it.
Despite the National Motorists Association's disputed position on speed traps, the group's website may actually help police, said Hastings, the state police lieutenant.
I notice that before reaching these speed traps many motorists flash me with their headlights to warn of what lies ahead.
It was alleged that he knew a police speed trap had been set up in a layby ahead to catch drivers exceeding the 70mph limit.
On the flip side, users can also report a new live police trap by DMing @mytraps with the speed trap location.
Thompson claimed he was merely trying to warn motorists to prevent them braking dangerously when they saw the speed trap.
18 /PRNewswire/ -- Njection LLC introduces Njection Mobile (NMobile), their worldwide speed trap notification system for iPhone 3G.
Angry motorists say the latest tactics are dangerous as they are forced to brake suddenly when they see the speed trap.
At every circuit I have either topped the speed trap times or have been close to it.
The bill prompted a spirited debate in the Senate about whether Coburg has been running a speed trap or simply doing its part for highway safety.
News that South Wales is the biggest speed trap for motorists in England and Wales will be greeted with a mixed reaction.
A DENTIST was twice caught speeding by the same speed trap in the space of 35 minutes.