MBS Coupon definition

MBS Coupon. The per annum fixed rate of an MBS calculated as described in the Offering Circular or the applicable Pool Supplement, computed on the basis of a 360-day year of twelve 30-day months.
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Examples of MBS Coupon in a sentence

  • GSE and FHA Loan Groupings GSE Population MBS Coupon MBS Coupon FHA Population MBS Coupon MBS CouponSource: Bloomberg data with CBO analysis.Table 3 summarizes the expected refinancing rates under the base case and program scenarios for the representative groups.

  • We find that the most economically vulnerable workers (low-educated, low-wage workers, immigrants, workers on temporary contracts, and part-timers) are over-represented in unsafe jobs, notably in non-essential activities.

  • Servicing Fee Guarantee Fee MBS Coupon Rate0.25% 0.125% 7.5%Mortgage Note Rate7.875% If a lender chooses to include an 8.125% mortgage in the 7.5% pass-through MBS (Figure 2.3), the lender can buy-up the guarantee fee by 0.125% in return for a present value of the cash flows of the 0.125% difference.

  • Minimum average annual construction turnover of Kenya Shillings (Kshs 200,000,000), equivalent calculated as total certified payments received for contracts in progress and/or completed within the last 4 years.

  • FNMA 30-year Fixed-Rate MBS Coupon WAC WAM Price 5.50 % 6.26 % 342 mo.

  • FNMA 30-year Fixed-Rate MBS Coupon WAC WAM Price 6.00 % 6.69 % 351 mo.

  • Justification for any period of detention, no matter how short,must be convincingly demonstrated by the authorities ( Belchev v.

  • Servicing Fee0.25%Guarantee Fee MBS Coupon Rate0.375% 7.5%Mortgage Note Rate8.125% Mortgage servicers provide mortgage servicing, including collecting monthly payments from borrowers, sending payments and overdue notices, maintaining the principal balance report, etc.

  • In other words, the servicing fee rate in Equation (1) consists of the base servicing fee rate and the excess servicing fee rate.Excess Servicing Fee Rate= Mortgage Note Rate - MBS Coupon Rate - Guarantee Fee Rate – Base Servicing Fee Rate.(2) In the example shown in Figure 2.3, the excess servicing fee may be sold to Fannie Mae by buying-up the guarantee fee.

  • FNMA 30-year Fixed-Rate MBS Coupon WAC WAM Price 6.00 % 6.69 % 341 mo.

Related to MBS Coupon

  • Coupon means any interest coupon appertaining to a Bearer Security.

  • Class Coupon The Class Coupon on each Class of Notes for any Accrual Period will be as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Index Linked Note means an Index Linked Interest Note and/or an Index Linked Redemption Note.

  • Class Coupon Formula The formula specified for each Class of variable rate Notes, as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Zero Coupon Note means a Note specified as such in the relevant Final Terms.

  • Passenger Coupon or means that portion of the Ticket issued by us or on “Passenger Receipt” our behalf, which is so marked and is to be retained by you.

  • Zero Coupon Bond Any debt security that by its terms (a) does not bear interest for all or part of the remaining period that it is outstanding, (b) provides for periodic payments of interest in Cash less frequently than semi-annually or (c) pays interest only at its stated maturity.

  • Coupon Note means a Note on which no interest is payable.

  • Dual Currency Note means a Dual Currency Interest Note and/or a Dual Currency Redemption Note, as applicable;

  • Coupon Barrier Value means, in respect of a ST Coupon Valuation Date, Worst Value.

  • Equipment Notes means and includes any equipment notes issued under any Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of such Indenture) and any Equipment Note issued under any Indenture in exchange for or replacement of any other Equipment Note.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • High Yield Notes means the Senior Notes and Senior Subordinated Notes.

  • Coupon Barrier means 100%.

  • Equipment Note means and includes any equipment notes issued under the Indenture in the form specified in Section 2.01 thereof (as such form may be varied pursuant to the terms of the Indenture) and any Equipment Note issued in exchange therefor or replacement thereof pursuant to Section 2.07 or 2.08 of the Indenture.

  • Bearer Notes means Notes which are specified in their Conditions as being in bearer form;

  • Series A Equipment Notes means Equipment Notes issued and designated as “Series A Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series A Equipment Notes” and bearing interest at the Debt Rate for Series A Equipment Notes specified in Schedule I to the Indenture.

  • Flight Coupon means that portion of the ticket which is either held electronically in the carrier’s database or on paper when a paper ticket is issued to a passenger. It indicates the particular points between which the passenger is entitled to transportation.

  • Bearer Note means a Note that is in bearer form, and includes any replacement Bearer Note issued pursuant to the Conditions and any temporary Global Note or permanent Global Note;

  • Series B Equipment Notes means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Swapped Note is defined in Section 8.6(b).

  • Fixed Coupon Amount means the amount specified as such in the relevant Final Terms.

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • zero-coupon obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.

  • Refinancing Equipment Notes and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.