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"TBA" (meaning "to be announced") is also used to describe a specific type of simple mortgage investment, the forward mortgage-backed security. This is used to indicate that the investor is acquiring some portion of a pending pool of as-yet unspecified mortgages, which will be specified at a given delivery date. [ 8 ]
This is a list of abbreviations used in a business or financial context. ... $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600 ...
In addition, Fannie MBS, like those of Freddie Mac MBS and Ginnie Mae MBS, are eligible to be traded in the "to-be-announced" or "TBA" market. [63] By purchasing the mortgages, Fannie Mae and Freddie Mac provide banks and other financial institutions with fresh money to make new loans. This gives the United States housing and credit markets ...
A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy.
TBA* (Time-Bounded A*), a computational search algorithm; Traditional birth attendant, an untrained midwife; Trenes de Buenos Aires, an Argentine railway company; Trockenbeerenauslese, a style of German or Austrian dessert wine
FAO, meaning "For the Attention Of", especially in email or written correspondence. This can be used to direct an email towards an individual when an email is being sent to a team email address or to a specific department in a company. e.g. FAO: Jo Smith, Finance Department.
A dollar roll is similar to a reverse repurchase agreement and provides a form of collateralized short-term financing with mortgage-backed securities comprising the collateral. [1]
Market trend: the tendency of financial markets to move in a particular direction over time. [8] Public float or Free float: the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government.