0 used to describe an investment, especially a bond, in which the money that is used to pay back mortgages is used to pay interest on the investment:
There has always been a need to extend the transitional arrangements in the directive, which relates to mortgage-backed loans in respect of offices or commercial premises.
This leverage enabled investment banks to substantially increase the level of debt they were taking on, fueling the growth in mortgage-backed securities supporting subprime mortgages.
The regulations were intended to ensure that firms provide more meaningful ratings and greater disclosure to investors concerning collateralized debt obligations and residential mortgage-backed securities.
Financial institutions invested foreign funds in mortgage-backed securities.
They are required as part of securitized lending commercial mortgage-backed securities.
The changes, however, affected accounting standards applicable to a broad range of derivatives, not just banks holding mortgage-backed securities.
We have several innovative ideas on how to structure this program, including how to insure mortgage-backed securities as well as whole loans.
First, during late 2007, over 100 mortgage lending companies went bankrupt as subprime mortgage-backed securities could no longer be sold to investors to acquire funds.
