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 Glossary   >   M   >   "Modified pass-throughs" Definition   

        Modified pass-throughs

Agency pass-throughs that guarantee (1) timely interest payments and (2) principal payments as collected, but no later than a specified time after they are due. Related: fully modified pass-throughs

Modified pass-throughs


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Modified pass-throughs - Agency pass-throughs that guarantee (1) timely interest payments and (2) principal payments as collected, but no later than a specified time after they are due. Related: fully modified pass-throughs


Modified pass-throughs : agency pass-throughs that guarantee (1) timely interest payments and (2) principal payments as collected, but no later than a specified time after they are due. related: fully modified pass-throughs