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aggregate mortgage

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  • Mortgage calculator — Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estate. Mortgage calculators can also be used to compare the costs, interest rates, payment schedules,… …   Wikipedia

  • Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …   Wikipedia

  • Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …   Wikipedia

  • Reverse mortgage — A reverse mortgage (known as lifetime mortgage in the United Kingdom) is a loan available to seniors (62 and older in the United States), and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner s …   Wikipedia

  • Collateralized mortgage obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Offset Mortgage — A type of mortgage that involves blending a traditional mortgage with one or more deposit accounts; the savings balance(s) held in the latter can be used to offset the mortgage balance. Both the account and the loan are held at the same banking… …   Investment dictionary

  • Lehman Aggregate Bond Index — The Lehman Aggregate Bond Index is a broad base index often used to represent investment grade bonds being traded in United States. Index funds and exchange traded funds are available that track this bond index.Managers may often subdivide the… …   Wikipedia

  • Lehman Brothers Mortgage-Backed Securities Index — An index made up of mortgage backed securities that is used for benchmarking purposes. The Lehman Brothers MBS Index consists of fixed rate securities, such as mortgage pools created by the Government National Mortgage Association (GNMA), Federal …   Investment dictionary

  • Lehman Aggregate Bond Index — An index used by bond funds as a benchmark to measure their relative performance. The index includes government securities, mortgage backed securities, asset backed securities and corporate securities to simulate the universe of bonds in the… …   Investment dictionary

  • Lehman Brothers Aggregate Bond Index — A benchmark index made up of the Lehman Brothers Government/Corporate Bond Index, Mortgage Backed Securities Index, and Asset Backed Securities Index , including securities that are of investment grade quality or better, have at least one year to …   Financial and business terms

  • Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… …   Wikipedia

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