Pass-Through Certificate
网友投稿• 2022-01-05 16:20:01 •阅读73
Fixed-income securities that represent an undivided interest in a pool of federally insured mortgages put together by the Government National Mortgage Association (Ginnie Mae).
Taobiz explains Pass-Through Certificate
Mortgage-backed certificates are the most common type of pass-through, where homeowners' payments pass from the original bank through a government agency or investment bank to investors.
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