Examlex
Firms with similar skills and resources form a partnership to reduce costs.
Mortgage Portfolio
A collection of mortgage loans held by a financial institution or investor.
Credit Swap
A financial derivative contract allowing two parties to exchange streams of interest payments or commodity flows for a set period, based on a predetermined notional principal amount.
Mortgage-Backed Securities
These are bonds secured by home and other real estate loans. They are created by pooling mortgages and then selling interests in that pool to investors.
FNMA
The Federal National Mortgage Association, known as Fannie Mae, a government-sponsored enterprise that provides liquidity to the mortgage market.
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