Difference between revisions of "Pool Backed Security Issuer"

From Open Risk Manual
(Initial Entry)
 
 
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'''Pool Backed Security Issuer'''. The issuer of a Pool Backed Security. This may be an Asset Backed Security, Mortgage Backed Security or CDO.
 
'''Pool Backed Security Issuer'''. The issuer of a Pool Backed Security. This may be an Asset Backed Security, Mortgage Backed Security or CDO.
  
this is not always and necesarily a special Purpose Vehicle, since many mortage backed securities are issued by Agencies set up for the purpose but not really referred to as SPVs (e.g. Fannie Mae), or issued by mortgage-issuing banks (non Agency).
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== Notes ==
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This is not always and necesarily a special Purpose Vehicle, since many mortage backed securities are issued by Agencies set up for the purpose but not really referred to as SPVs (e.g. [[Fannie Mae]]), or issued by mortgage-issuing banks (non Agency).
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 15:58, 2 February 2023

Definition

Pool Backed Security Issuer. The issuer of a Pool Backed Security. This may be an Asset Backed Security, Mortgage Backed Security or CDO.

Notes

This is not always and necesarily a special Purpose Vehicle, since many mortage backed securities are issued by Agencies set up for the purpose but not really referred to as SPVs (e.g. Fannie Mae), or issued by mortgage-issuing banks (non Agency).

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.