Securitized Mortgage

Securitized Mortgage

A mortgage that is packaged into a mortgage-backed security (MBS). One mortgage may be securitized over several MBSs, and each MBS contains many securitized mortgages. A securitized mortgage gives the holder of the security, rather than the bank originating the loan, the right a claim on the principal and interest payments on that mortgage. Mortgages are securitized to remove them from a bank's balance sheet (which reduces risk) and to improve its cash flow.
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Block's representative transactions include multi-state, multi-property portfolio financing, securitized mortgage loan origination, mezzanine financing, construction loan origination, loan participation and the sale and acquisition of commercial and hospitality properties.
However, many developing economies had different problems as they did not suffer so much from the banking crisis triggered by the American bad debts in the securitized mortgage business, but had to cope with the global reduction of credit as banks in the developed countries stopped lending.
and its Countrywide unit after five years of litigation over Bank of America's allegedly defective securitized mortgage loans, Bloomberg reports.
The Note is Held in a Securitized Mortgage Trust--Standing to foreclose a securitized mortgage can be established many ways.
The securitized mortgage portfolio benefits from a relatively low weighted average LTV, currently about 59%.
were hauled before Congress for a public tongue-lashing, with the issue at hand betting against clients by shorting the securitized mortgage market--exactly the kind of populist fodder that went into Spitzer's broadsides against the Street when he was New York's attorney general.
The Moinian Group was reported late for at least the second time in five months in making a monthly mortgage payment on its struggling office building at 60 Madison Avenue at 27th Street, according to information from securitized mortgage tracking firm Trepp.
And while subprime mortgages have gotten the most attention, Harrington put a big part of the blame on "exotic" mortgages, such as interest-only mortgages, and investor demand for securitized mortgage products.
Such developments suggest the large pools of securitized mortgage obligations are well-diversified, resulting in the availability of reasonable interest rates on long-term, fixed-rate financing for our entrepreneurs; precisely the type of financing they need to continue doing what they do best: providing economic growth and stability to Indiana and the U.
High arrears and defaults on securitized mortgage portfolio eroded the equity of the centralized lender as their subordinate loans to SPVs and their servicing portfolios lost value.
In the absence of government guarantees, regional differences in mortgage risk would be reflected in the pricing of securitized mortgage instruments.
Jones Lang Wootton (JLW), an international real estate advisory firm based in New York City, has structured and arranged $500 million securitized mortgage financing for a pool of 45 properties owned or leased by Saks & Company, the preeminent U.