underlying mortgage

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Underlying Mortgage

In a mortgage-backed security, a mortgage or a piece of a mortgage that gives value to the security. For example, if a bank sells the mortgage on Joe's house to another bank and that bank repackages it into an MBS, Joe's mortgage is one of the underlying mortgages for the security. See also: Underlying asset.

underlying mortgage

The first mortgage in a wraparound mortgage arrangement.

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Consolidated Mortgage Bond Lehman Brothers Commercial Mortgage-Backed Securities Index municipal mortgage enhancement PAC PAC Bond Planned Amortization Class Secured Bond SMBS Stripped Mortgage-Backed Securities Stripped Mortgage-Backed Security subordinated classes TAC Bond TAC Bonds Targeted Amortization Class Bond			TRC said it will continue to monitor the residential mortgage market as well as the underlying mortgages of the rated RMBS transactions and keep the market informed of future trends. Taiwan's RMBS deals perform stably despite economy downturn by The Taiwan Economic News This is in contrast to co-op properties wherein tenants or shareholders can only deduct depending on their share in the interest on the underlying mortgage and property taxes. The Difference Between Miami Condos and Co-Ops by Mark Michael Ferrer / Real estate industry community Stuart Bruck of Time Equities, Inc announced the following closings: * A $1,200,000 underlying mortgage and a $250,000 line of credit for a cooperative located on Magaw Place in Washington Height that was 22% sold. Stuart Bruck of Time Equities, Inc by Real Estate Weekly			underdepreciation Underemployed Underemployment Underfunded Underfunded Pension Plan Underground Storage Insurance underground storage tank Underhand underimprovement Underinsurance Underinsured Underinsured Motorist Coverage Limits Trigger Underinsured Motorist Coverage Modified Limits Trigger Underinsured Motorist Endorsement Underinvestment Problem Underinvoicing Underleveraged Underlying Underlying Asset Underlying Debt Underlying Futures Contract Underlying Index Underlying Inflation Underlying Instrument Underlying Investment underlying mortgage Underlying Price Underlying Retention Underlying Security Underlying Service Underlying Value Undermargined Undermargined Account Underpayment Underpayment Penalty Underperform Underperforming Asset Underpricing undersecured loan Undersell Underspend Understandability Undersubscribed Undertakings for Collective Investment in Transferable Securities Undertone Undervaluation Undervalued Undervalued Company Undervalued Currency Undervalued Security underwater			Underlying assumptions Underlying assumptions Underlying Carrier underlying cause of death underlying cause of death Underlying Commodities Underlying Commodity Underlying Companies Underlying Company Underlying debt Underlying Debts Underlying Event Underlying Foreign Tax Credit Underlying futures contract Underlying Futures Contracts underlying graph Underlying Hazardous Constituents Underlying Index Underlying Inflation Underlying Inflation Rate Underlying Inflation Rates Underlying instrument Underlying instrument Underlying instrument Underlying instruments Underlying instruments Underlying instruments Underlying investment Underlying Investments Underlying Mortality Assumption underlying mortgage Underlying Mortgages Underlying Operating Profit Underlying Premium Underlying Premiums Underlying Price Underlying Prices underlying principle Underlying Rate of Inflation Underlying Rates of Inflation Underlying Retention Underlying Securities Underlying security Underlying Service Underlying Space Underlying Stock Underlying Stocks Underlying Structure Underlying Subject Matter Underlying Surface Underlying Theoretical Value and Spread Graph Underlying Value Underlyingly Underlyingly Underlyingly Underlyings underman

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