Pass Pool
From Open Risk Manual
Definition
Pass Pool.
Issues and Challenges
REVIEW: These are all Pass-through so not clear why this term is here. Term originates with Cutter SME review but seems redundant. If not, this would be non mutually exclusive with agency pool. In general, agency MBS pools are pass through and non agency are tranched, but this reflects a business necessity not a logical necessity.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.