Whole Pool

The underlying instrument in a mortgage-backed security representing ownership interest in entire mortgages as opposed to pieces of mortgages. Whole pools are fairly unusual among mortgage-backed securities as they are thought to carry higher risk: if a mortgage goes into default, the holder of the whole pool has little or nothing with which to hedge the investment. However, because they are not divided and re-divided as with other MBSs, whole pools are easier for investors to understand.

References in classic literature ?

I could not plant my feet anywhere so as to stand securely, for the roots were a long way off and the boughs that overshadowed the whole pool were too high, too vast, and too far apart for me to reach them; so I hung patiently on, waiting till the pool should discharge my mast and raft again--and a very long while it seemed.

View in context

Active origination is only taking place under four retail agreements at present, making the key performance indicators for the whole pool subject to run-off effects of various closed books.

Fitch Ratings assigns NewDay Partnership Funding's series notes final ratings

The company's subsidiaries include Chimera RMBS Whole Pool LLC, Chimera RMBS LLC, Chimera Special Holdings LLC, CIM Trading Company LLC, Chimera Funding TRS LLC, Chimera CMBS Whole Pool LLC, Chimera RMBS Securities LLC, Chimera Insurance Company LLC and Chimera RR Holdings LLC.

EnPro Industries announces 9% higher dividend of USD0.24 per share

"Having just re-designed the whole pool and play area, including new decking and a complete new set of sun-loungers and furniture, the park members have been soaking up the sun in perfect conditions.

IT'S FUN IN THE SUN AT LITTLE LAKES; OUT&ABOUT

Often a close friend or relative is a match, but a better match can be found in the whole pool of donors across the nation.

Greatest gift: kidney donor helps a stranger in need

I think the best situation is still to continue have the whole pool practicing.'

Reyes eager to see Gilas in action during PBA All-Star

I practically had the whole pool to myself - bliss!

FitM8 Challenge

"Having redesigned the whole pool and play area this spring, including new decking and a complete new set of sunloungers and furniture, the park members have been soaking up the sun in perfect conditions".

Sunny fun at Little Lakes

"It's a completely transparent transaction and opens up a whole pool of people who want to invest in our company who wouldn't invest otherwise."

'Crowdfunding' raises firm PS800k in one week

I tried yelling back at them, but all the anger I tried to muster up came out as tears, a whole pool of them, so many I thought I had wet my pants.

Wars, near and far

This technology delivers not only a single vaccine for the treatment of a certain disease but a whole pool of product candidates with excellent safety profiles and strong specificity to their targets."