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 periodicals archive ?
The new Google Maps update has added more data about speed limits and speed traps for both its Android and iOS users.
The decision of the Supreme Court of Appeals ruled out that all traffic controls including speed traps should be aimed at protecting the public and helping them to drive safely and that it is unacceptable to set up a speed trap and expect a driver who fails to comply with the speed limit to pay a fine without first informing the driver about it.
"Let's face it, speed traps are out there, and they work as a law enforcement action that allows (police) to collect revenue," said Gary Biller, the association's executive director.
This will serve to search the QB on the speed trap. (Base red rules)
In the latest development, users globally are getting another update that will enable them to report an accident or a speed trap in the app itself if they encounter one during their journey.
Anyone who is included in the Android testing pool can use the new feature to report not only accidents, but speed traps. Users simply have to press a report button on the bottom left of the navigation display to jot down a report of what they saw.
Owen was also in action on his Club #98 600cc Yamaha, clocking 172 mph in the speed trap and was on for a 17th-place overall finish when the red flags came out on the last lap and the race was stopped.
The arsonist wedged a bicycle tyre around the speed trap on the A45, near Toll Bar island, and set it ablaze.
I HAVE recently been stopped by a police speed trap on the section of road between the Bay Horse roundabout and the junction with Quarmby Road.
A NEW speed trap site has been set up after residents on a danger road called for action.
Well, there were several conflicting landmark cases that came before the courts, and I am pleased to say that there was a High Court ruling in 2005 when the court decided that no offence of wilful obstruction is committed where the suspect warns motorists of a police speed trap ahead - unless it is established that those warned were either already speeding or were likely to do so at the speed trap.
A lorry driver who waved from his cab window to warn drivers behind him that they were approaching a police speed trap was not guilty of obstructing officers in the execution of their duty, the High Court has ruled.