Agency RMBS definition

Agency RMBS means RMBS issued by an Agency or for which an Agency guarantees payments of principal and interest on the securities.

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Agency RMBS means residential mortgage-backed securities for which a U.S. government entity guarantees payment of principal and interest to holders of the securities.

Agency RMBS means residential mortgage-backed securities whose principal and interest payments are guaranteed by the Government National Mortgage Association, the Federal National Mortgage Association, or the Federal Home Loan Mortgage Corporation.

Examples of Agency RMBS in a sentence

• The Company’s investment strategy focuses on two categories of Agency RMBS: (i) traditional pass-through Agency RMBS and (ii) structured Agency RMBS, such as collateralized mortgage obligations, interest only securities, inverse interest only securities and principal only securities, among other types of structured Agency RMBS.

• Agency RMBS securities consist of single-family residential pass-through certificates and collateralized mortgage obligations.

• We may have exposure to Agency RMBS through TBAs. As with any forward purchase contract, the value of the underlying Agency RMBS may decrease between the contract date and the settlement date, which may result in the recognition of income, gain or loss.

• Accordingly, our ability to purchase Agency RMBS through TBAs or to dispose of TBAs through these transactions or otherwise, could be limited.

More Definitions of Agency RMBS

Agency RMBS has the meaning set forth in the Recitals.

Agency RMBS means residential mortgage-backed securities for which an Agency guarantees payments of principal and interest on the securities.

Agency RMBS means residential mortgage-backed securities issued by an Agency or for which an Agency guarantees payments of principal and interest on the securities.

Agency RMBS means residential mortgage-backed securities whose principal and interest payments are guaranteed by the Government National Mortgage Association, the Federal National Mortgage Association, or the Federal Home Loan Mortgage Corporation. “beneficial ownership,” including the correlative term “beneficially owning,” has the meaning ascribed to such term in Section 13(d) of the Exchange Act.

Agency RMBS means mortgage-backed securities that are collateralized by residential mortgages, or RMBS, whose principal and interest payments are guaranteed by Ginnie Mae or a U.S. Government-sponsored entity such as Freddie Mac or Fannie Mae. These securities may be either “pass through” securities, where cash flows from the underlying mortgage loan pool are paid to holders of the securities on a pro rata basis, or securities structured from “pass through” securities, as to which cash flows are redirected in various priorities, which we refer to as a collateralized mortgage obligation.

Agency RMBS. ’ means RMBS whose principal and interest payments are guaranteed by a GSE or Ginnie Mae. These securities may be either ‘‘pass through’’ securities, where cash flows from the underlying mortgage loan pool are paid to holders of the securities on a pro rata basis, or securities structured from ‘‘pass through’’ securities, as to which cash flows are redirected in various priorities, which we refer to as CMOs.

Agency RMBS means government agency RMBS, which are mortgage pass-through certificates backed by pools of residential mortgage loans issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac. Our Agency RMBS may also consist of Agency CMOs, which are securities that are structured interests in Agency-backed mortgage pass-through certificates. See definition of “CMO,” below.