Examlex
An MBB differs from a CMO or a pass-through in that
I. the MBB does not result in the removal of mortgages from the balance sheet.
II. a MBB holder has no prepayment risk.
III. cash flows on a MBB are not directly passed through from mortgages.
Commission Charges
Fees paid to an agent or company for facilitating or completing a sale, often a percentage of the sale price.
Proceeds
The total amount of money received from a transaction or event, often after costs or other deductions are accounted for.
Commission Charges
Fees charged by brokers or agents for their services in facilitating transactions, often calculated as a percentage of the transaction value.
Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
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