non-Agency RMBS definition
non-Agency RMBS means CMOs that either are loss share securities issued by a GSE or are not issued or guaranteed by an Agency, including investment grade (AAA through BBB rated) and non-investment grade (BB rated through unrated) classes.
non-Agency RMBS means RMBS that are not issued or guaranteed by an Agency, including investment grade (AAA through BBB rated) and non-investment grade (BB rated through unrated) classes.
non-Agency RMBS means residential mortgage-backed securities that are not issued or guaranteed by a U.S. government agency or federally chartered corporation.
Examples of non-Agency RMBS in a sentence
By the early 1980’s, “Private Label” (or non-Agency) RMBS were being issued by a broad spectrum of non GSEs. The development of this additional non-Agency market for residential mortgages was a tremendous boost to the continuing growth of a national secondary mortgage market.
The Company shall be prohibited from making the following investments: • Any investment in non-Agency RMBS; • Any investment that would cause the Company to fail to qualify as a REIT for U.S. federal income tax purposes; and • Any investment that would cause the Company to be regulated as an investment company under the 1940 Act.
More Definitions of non-Agency RMBS
non-Agency RMBS means RMBS that are not issued or guaranteed by an Agency or a GSE.
non-Agency RMBS means RMBS that are not issued or guaranteed by Ginnie Mae or a U.S. Government-sponsored entity such as Freddie Mac or Fannie Mae, including investment grade classes (rated AAA through BBB), non-investment grade classes (rated BB or lower) and unrated classes.
non-Agency RMBS means Non-Agency CMO, Alt-A Fixed and Prime Non-Agency RMBS.
non-Agency RMBS means RMBS that are not issued or guaranteed by a U.S. government agency or a federally chartered corporation.
non-Agency RMBS. ’ means RMBS that are not issued or guaranteed by an Agency or a GSE. ‘‘non-QM loans’’ mean residential mortgage loans that do not satisfy the requirements for QM