Agency RMBS means RMBS issued by an Agency or for which an Agency guarantees payments of principal and interest on the securities.

Agency RMBS has the meaning set forth in the Recitals.

Examples of Agency RMBS in a sentence

Accordingly, our ability to purchase Agency RMBS through TBAs or to dispose of TBAs through these transactions or otherwise, could be limited.
We may have exposure to Agency RMBS through TBAs. As with any forward purchase contract, the value of the underlying Agency RMBS may decrease between the contract date and the settlement date, which may result in the recognition of income, gain or loss.
Sold non- Agency RMBS and CMBS for approximately $72.1 million and $39.5 million in proceeds, ...

More Definitions of Agency RMBS

Agency RMBS means residential mortgage-backed securities issued by an Agency or for which an Agency guarantees payments of principal and interest on the securities.

Agency RMBS means residential mortgage-backed securities for which an Agency guarantees payments of principal and interest on the securities.

Agency RMBS means mortgage-backed securities that are collateralized by residential mortgages, or RMBS, whose principal and interest payments are guaranteed by Ginnie Mae or a U.S. Government-sponsored entity such as Freddie Mac or Fannie Mae. These securities may be either “pass through” securities, where cash flows from the underlying mortgage loan pool are paid to holders of the securities on a pro rata basis, or securities structured from “pass through” securities, as to which cash flows are redirected in various priorities, which we refer to as a collateralized mortgage obligation.

Agency RMBS. ’ means RMBS whose principal and interest payments are guaranteed by a GSE or Ginnie Mae. These securities may be either ‘‘pass through’’ securities, where cash flows from the underlying mortgage loan pool are paid to holders of the securities on a pro rata basis, or securities structured from ‘‘pass through’’ securities, as to which cash flows are redirected in various priorities, which we refer to as CMOs.

Agency RMBS means (i) Agency Fixed RMBS, (ii) Agency CMOs, (iii) Agency Hybrid ARMs, and (iv) TBAs.

Agency RMBS means (i) Agency Residential Mortgage-Backed Securities and Fixed RMBS, (ii) Agency CMO.

Agency RMBS means government agency RMBS, which are mortgage pass-through certificates backed by pools of residential mortgage loans issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac. Our Agency RMBS may also consist of Agency CMOs, which are securities that are structured interests in Agency-backed mortgage pass-through certificates. See definition of “CMO,” below.