MORTGAGE BACKED BOND (MBB) WHAT IS IT MBBs are the third asset securitization vehicles. They differ from pass-thru and CMOs in 2 key dimensions: 1. Pass thru’ and CMOs remove mortgages from bank’s balance sheets as forms of offbalance sheet securitization. 1. MBBs normally remain on the balance sheet 2. Pass thru’ and CMOs have a direct link between the cash flows on the underlying mortgages and the cash flows on the bond vehicles 2. For MBBs‚ there is no direct link between the cash flow on
Premium Asset Credit rating Finance
Chemistry: A Molecular Approach (Tro) Chapter 10 Chemical Bonding II: Molecular Shapes‚ Valance Bond Theory‚ and Molecular Orbital Theory 1) Determine the electron geometry (eg) and molecular geometry(mg) of BCl3. A) eg=trigonal planar‚ mg=trigonal planar B) eg=tetrahedral‚ mg=trigonal planar C) eg=tetrahedral‚ mg=trigonal pyramidal D) eg=trigonal planar‚ mg=bent E) eg=trigonal bipyramidal‚ mg= trigonal bipyramidal Answer: A 2) Determine
Premium Chemical bond Covalent bond Molecule
expected rates on zero-coupon bonds with one-quarter maturity that are to be sold on the first day of the quarter that starts one‚ two‚ three and four quarters from Oct 1‚ 2009 respectively‚ i.e. the first day of the first‚ second‚ third and fourth quarter of 2010. These expected rates are also called the forward rates. (4) Based on your calculations‚ please comment on the market expectation on Oct 1‚ 2009 for interest rates on one-quarter maturity zero-coupon bonds that are to be sold on the first
Premium Bond 1920 1922
FUNDAMENTALS The interest rate or required return represents the cost of money. It is the compensation that a supplier of funds expects and a demander of funds must pay. Usually the term interest rate is applied to debt instruments such as bank loans or bonds‚ and the term required return is applied to equity investments‚ such as common stock‚ that give the investor an ownership stake in the issuer. In fact‚ the meaning of these two terms is quite similar because‚ in both cases‚ the supplier is compensated
Premium Interest Interest rate Bond
The Adventures of Huckleberry Finn is a timeless American classic which set the tone for all other American literature to follow. The story opens up a window into the life of the American People before the Civil War. The lessons that this book presents can give the reader a deeper understanding of what existence was like along the Mississippi River over two hundred years ago. This is a novel which is full of thrilling adventure; personally‚ I enjoy adventure‚ which is the reason why I chose this
Free Adventures of Huckleberry Finn Mark Twain Tom Sawyer
Information compiled by ___________________________________________________________ Stocks have historically had much higher returns than bonds. Can these excess returns be justified by the higher risk attached to stocks‚ or are there alternative explanations? The following is an abbreviated history of studies and models that articulate the logic of stock returns; included are both support for and alternatives to the equity risk premium. Edgar Lawrence Smith’s 1924 book Common Stocks
Premium
both of his theories‚ as well as tell you why one particular theory is most adequate in explaining why people do not commit crime. Hirschi proposed his Social Bond Theory back in in 1969. This theory states that individuals will commit criminal or delinquent acts when their ties (bonds) to society are weakened or have broken. When the bonds are strong‚ an individual
Premium Sociology Crime Criminology
Marissa M. Molina ENGL 0625 Descriptive Essay Final September 20‚ 2013 Dora The Explorer Come on vamaños everybody lets go! I believe that the cartoon Dora The Explorer is one of the cartoons that more children should watch. The cartoon is very educational to children. The show teaches them information that they can use in the future such as another language. Dora The Explorer teaches children Spanish through the cartoon. I am going to explain to you three reasons I believe every
Free Education Teacher Second language
Mommy Coo‚ Daddy Coo and Baby Coo were going on an adventure. They packed their bags and begin their journey sailing the Caribbean Sea. There was green water‚ blue water‚ even purple water and lots of sea creatures. Baby Coo woke up every morning to Daddy Coo’s kisses. Daddy Coo taught Baby Coo how to swim and find the most delicious seaweed. They were best friends. One morning Daddy Coo didn’t come to Baby Coos room to give her‚ her special morning kiss. Baby Coo got worried and asked mommy
Premium Caribbean Sea Go Daddy Why Are You Looking Grave?
The Setting of The Adventures of Huckleberry Finn by Mark Twain is set in the time before the civil war. This setting of is when racism and civil rights were still around. It was around the late 1800s. The state of which story takes place in is Missouri. The town that Huck Finn starts off at is called St. Petersburg which goes along the Mississippi river. Later on Huckleberry Finn goes off to an island that he is familiar to called Jason Island after he faked is death. This is when and where the
Free Adventures of Huckleberry Finn Mississippi River