Interest-only strip

A security with Cash flows based entirely on the monthly Interest payments received from a Mortgage pool.

Related Terms: 10 Base, Cash, ECU, Interest, Low, Lows, Mortgage pool, Mortgage, Pool, SEC

Other Related Pages: Category: Real_Estate Starting With: I

Additional Related Terms: 52-week low, Accrued interest, Agency security, Asset-backed security, All or any part, Add-on service, As is, Attorney in fact, Adjustable Rate Mortgage, Asset-based finance