Federal Agency Security definition

Federal Agency Security means any mortgage-backed security issued by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation or guaranteed by the Government National Mortgage Association.
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Federal Agency Security means a security issued by a federal agency or certain federally chartered entities (often referred to as government-sponsored enterprises or GSEs). Agency securities typically are not guaranteed by the federal government, particularly those of GSEs.
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Examples of Federal Agency Security in a sentence

  • Upon receipt by the Bank and WFAL 2 of an FSA Notice stating that a Default has occurred and is continuing, the Bank and WFAL 2 shall deliver to the Master Collateral Agent all documents and instruments specified in the immediately preceding paragraph and such other documents and instruments with respect to each Mortgage Loan, Contract, Federal Agency Security or other item of Collateral pledged hereunder to the Master Collateral Agent in which a security interest may be perfected by possession.

  • The documents and instruments delivered in respect of each Mortgage Loan, Contract, Federal Agency Security or other item of Collateral are herein referred to as the "Collateral File".

Related to Federal Agency Security

  • Federal agency means any department, agency, or other instrumentality of the Federal Government, any independent agency or establishment of the Federal Government including any Government corporation, and the Government Printing Office.

  • Agency Security means a mortgage-backed security issued by an Agency.

  • Federal banking agencies means the board of governors of the federal reserve system, the comptroller of the currency, the director of the office of thrift supervision, the national credit union administration, and the federal deposit insurance corporation.

  • Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration and the Federal Deposit Insurance Corporation;

  • Private agency means any person, partnership, corporation,