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 ?
Far away, across the meadows, they could now see two tiny specks, speeding one after the other; and they knew these specks must be the Griffin and the Saw-Horse.
Then at the moment that our seats revolved--the thing that made you believe that we had turned about and were speeding upward--we passed the center of gravity and, though we did not alter the direction of our progress, yet we were in reality moving upward--toward the surface of the inner world.
O'Rourke noted that the "hard core speeder" category is characterized by drivers who feel no compunction or embarrassment about habitual speeding.
Lee Ritchey, founder and president of Speeding Edge noted, "The high tech industry has a substantial number of small, highly specialized companies.
The study, released last week by the nonprofit Governors Highway Safety Association, polled states on their efforts to control highway speeding.