Pool Factor

外汇网2021-06-19 20:56:26 185

The percentage of the original principal that is left to be distributed in a mortgage-backed security, as repsented by a numerical factor that will be attached on periodic market quotes and other psentations of the 抵押贷款支持债券’s price.

Calculated as:

|||For example, if the face amount of a pooled 抵押贷款支持债券 is $100,000 and the stated pool factor is 0.4587, the remaining balance in the security, yet to be paid to the investor, would be $45,870.

The pool factor is only used to describe mortgage-backed securities, which can be issued by Freddie Mac (FHLMC), Fannie Mae (FNMA) and Ginnie Mae (GNMA).

A pooled 抵押贷款支持债券 is one whose component mortgage payments are passed through to the investors, month to month, until the mortgage pool has been completely paid off, instead of being rebundled or collated,

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