Examples of Pass Through Certificates in a sentence
This is done by assigning the loans to a special purpose vehicle (a trust), which in turn issues Pass-Through- Certificates (PTCs).
The Kuaranteed REMIC Pass-Through Certificates offered hereby (the ‘‘Certificates'') will represent beneficial ownership interests in one of two trust funds.
Premier assigned it to Accubanc Mortgage Corporation, which assigned it to Defendant Norwest Mortgage, Inc.,which assigned it to Defendant LaSalle Bank, N.A. “as Trustee for the holders of Prime Mortgage Trust, Mortgage Pass-Through Certificates, Series 2004-CL1.”Id., Vol.
The Guaranteed RKMIC Pass-Through Certificates offered hereby (the ‘‘Certificates'') will represent beneficial ownership interests in one of two trust funds.
Investors are issued rated PassThrough Certificates (PTCs), the proceeds of which are paid as consideration to the originator.