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
we are looking at in order to see it. Our knowledge has influenced how we see the world through our perception and how we reflect it on others. Believing is necessary to see what I want to for what Panchatantra saying. We all have senses to see‚ but is this all true that it gives us knowledge. I think I need to believe first if I want to see something that I want. How can my knowledge affect the way I see things? Knowledge affects the way I see things because as I have already backgrounded knowledge
Premium Psychology Management Thought
683 - Fall 2011 Case: U.S. Subprime Mortgage Crisis - Policy Reactions 1) What are the causes behind the U.S. Subprime mortgage crisis? Is one cause more responsible than another? The first and more important factor that lead to the subprime mortgage crisis was governments creation of Freddie and Fannie. This move by the government to intercede the private financial industry sector eventually lead to the US government being the largest lender of mortgages in the US. In addition to the flawed
Premium Subprime mortgage crisis Mortgage Monetary policy
smaller and smaller‚ it is affecting women now. Until the gap is completely gone‚ it will still be a pressing issue‚ especially for some women. It is worse for women of different demographics. There are various factors that go into the wage gap and how much money women are making compared to men. Women started to work more jobs after the Civil War was over. They were treated unequally and were not paid the same as men. This caused labor unions to start forming for all the women who were entering
Premium African American White American White people
Traditional attachment research told us about the implications of day-care and how it might affect children. Hodges and Tizard (1989) carried out a natural longitudal study‚ to investigate the effect of institutional upbringing on later attachments. They concluded from their study‚ that Bowlby was correct to emphasise the importance of the early years. Indeed‚ loving relationships and high quality care are necessary to reverse privation effects. They encourage children to form attachments to key
Premium Attachment theory Developmental psychology Psychology
and similar forms of mental activity (“intelligence”). With the increase of technology more and more people rely on Google to obtain answers instead of exercising their own capacity for mental activity. What most people don’t know is the adverse affects Google is having on their intelligence. When people spend a copious amount of time on Google their intelligence is decreased. Google decreases human intelligence because spending time on Google shortens human attention spans and
Premium Internet History of the Internet World Wide Web
The pH scale is a scale that measures how acidic or basic a solution is by looking at the is. It runs on a scale from 0 to 14‚ 0 being most acidic and 14 being most basic. Most enzymes will function best at the neutral level of 7‚ but very few will function at very high or very low pH. Changes in pH can alter the shape of an enzyme’s active site because it can affect polar and nonpolar intramolecular attractions and repulsive forces. Basically‚ this can
Premium Enzyme Chemical reaction Metabolism
How Does Music Affect Our Lives: The Connection between Communication and Music Music is present throughout our lives‚ from the moment we wake up and hear that song that starts our day off‚ to that song that reminds us of that relationship we once had with that special someone‚ or a song that a city uses as its anthem for it’s sports team or a song that a country listens to‚ that helps comfort them in a time of tragedy and loss. Music helps us communicate and relate to things when we can not
Premium Rock music Popular music
with poor diet and health may struggle‚ or not want to learn. Letting a child be active is not only great for the body but the mind too‚ a happy child is more likely to push themselves to succeed. There also other stuff that can affect a child‚ such as Asthma which will affect the child’s breathing like when when doing P.E and they maybe have to use an inhaler to help them (this is usually kept in the medical room) . A Childs health can also be affected during pregnancy if the mother is taking drugs
Premium Education Childhood Learning
The Holocaust still affects us today in many ways. Throughout history we are reminded of these times to show us how large of a consequence the Holocaust was. The Holocaust still affects us today in many visible ways that continues to influence the way we understand things today. The Holocaust started on January 30th‚ 1933‚ the day Hitler rose to power; Anne Frank‚ a young jewish girl‚ Fled germany and headed over to The netherlands. In the Fall of 1933‚ The netherlands had been invaded by the Nazis
Premium Nazi Germany The Holocaust Germany