Speed

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Speed

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Callander Community Council notified Stirling Council that they wanted Bridgend to be converted from a 20mph zone to a 20mph speed limit, which would allow the speed bumps to be completely removed.
Derek Packham also came off his bike after hitting the speed bumps.
But along the rest of Queens Road - which has a number of former council houses and housing association homes - there are no speed bumps, and according to Marie, a major issue with speeding vehicles.
However, the main culprits are roads that have been allowed to fall into disrepair and the increasing use of traffic-calming speed bumps.
"I suspect the increase is down to the speed bumps."
Council technician Daniel Pritchard explained to councillors last week that one resident had objected to the proposed speed plateau - an extended speed bump - on the grounds that vibrations from passing buses and lorries could damage their property.
A THERE is no safety benefit whatsoever in speed bumps. In fact, when the London Borough of Barnet removed its speed bumps, accidents reduced by 14.9 per cent during the first six months of 2005.
There's no single theme to Speed Bump: Cartoons For Idea People, no basic philosophy--but his 'outtakes' appear in over 200 newspapers around the country and Speed Bump is a fine survey which gathers these into themed chapters, includes the author's introduction to each, and even presents a small portion of color cartoons with the black and white winners.
The official dialogue between Roman Catholics and Anglicans has hit a speed bump, although both sides insist that they are committed to further conversations in their common search for Christian unity.