RMBS Securities definition
RMBS Securities means Prime Residential Securities and Subprime Residential Mortgage Securities.
RMBS Securities means, collectively, Prime RMBS Securities, Mid-Prime RMBS Securities and Sub-Prime RMBS Securities.
RMBS Securities means RMBS Prime Mortgage Securities, RMBS Mid-Prime Mortgage Securities, RMBS Subprime Mortgage Securities, Home Equity Loan Securities and FHLMC/FNMA Guaranteed Securities.
More Definitions of RMBS Securities
RMBS Securities or “RMBS” means Residential A Mortgage Securities, Residential B/C Mortgage Securities and Home Equity Loan Securities.
RMBS Securities means Structured Finance Securities that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Structured Finance Securities) on the cash flow from residential mortgage loans secured by residential real estate (single or multi-family properties) the proceeds of which are used to purchase real estate and purchase or construct dwellings thereon (or to refinance indebtedness previously so used), generally having the following characteristics:
RMBS Securities means Asset-Backed Securities, including Residential Alt-A Mortgage-Backed Securities and Hybrid Securities, that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of the Asset- Backed Securities) on the cash flow from residential mortgage loans secured by residential real estate (single or multi-family properties) the proceeds of which may be used to purchase real estate and purchase or construct dwellings thereon (or to refinance indebtedness previously so used) or may be home equity loans, manufactured housing loans or installment sales contracts or high loan-to-value loans.
RMBS Securities means securities (excluding, for the avoidance of doubt, any commercial loan or participation interest in a commercial loan) that entitle the holders thereof to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of such securities) on the cash flow from a pool of residential mortgage loans.