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 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.

Examples of RMBS Securities in a sentence

  • Pursuant to each TRS Transaction, the TRS Counterparty will transfer to the Issuer RMBS Securities Equivalent to an RO to form part of the RMBS Issuer Assets and the Issuer shall pay to the TRS Counterparty a net amount up to the net issue proceeds of the Series of Bonds.

  • Effective Commutation or Defeasance of Syncora Guarantee’s Exposure to Insured RMBS Securities (the “RMBS Offer”) In connection with the 2009 MTA, the Company invested in a fund (the “RMBS Fund”) that executed certain transactions designed to effectively defease or, in-substance, commute the Company’s exposure on certain of its financial guarantee insurance policies written on RMBS.

  • A separate TRS Transaction will be entered into in respect of each new tranche of RMBS Securities to be referenced by a TRS Transaction (an “RO”).

  • The Issuer Assets which will secure the Bonds will primarily comprise of RMBS Securities, which are securities that entitle the holder thereof to receive payments that depend on the cashflow from a pool of residential loans.

  • Asset concentration within a certain class, currency or jurisdiction could also adversely impact the overall Portfolio if conditions with respect to such assets are unfavourable.The Issuer Assets which will secure the Bonds will comprise RMBS Securities subject to compliance with the Eligibility Criteria at the time of designation and may also include JPY cash.

  • Residential mortgage-backed securities (RMBS) Securities created through the securitization of residential mortgage loans.

  • Pursuant to the TRS Agreement, the Issuer shall make payments to the TRS Counterparty of amounts equal to the distributions received on the RMBS Securities forming part of the Trust Property and the TRS Counterparty shall make payments to the Issuer equal to the payments of interest and principal required to be made by the Issuer under the Bonds.

  • Backed by a Portfolio of RMBS Securities, CMBS Securities, CDO Securities and Other Asset-Backed Securities and Synthetic Securities of which the Reference Obligations are RMBS Securities, CMBS Securities, CDO Securities or Other Asset-Backed Securities.

  • The residential loans underlying an issue of RMBS Securities are not secured by way of mortgage on residential property, but are instead guaranteed by Sumitomo Mitsui Trust GuaranteeCo., Ltd.

  • An Insolvency Administrator of the Bank may try to re-characterise the exchange of cash and RMBS Securities under the TRS Agreement as a loan made by the Issuer to the Bank as TRS Counterparty, secured by security interest over the RMBS Issuer Assets which were transferred by the TRS Counterparty to the Issuer.


More Definitions of RMBS Securities

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.
RMBS Securities or “RMBS” means Residential A Mortgage Securities, Residential B/C Mortgage Securities and Home Equity Loan 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.
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:

Related to RMBS Securities

  • BofA Securities means BofA Securities, Inc.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Xxxxx Fargo Securities means Xxxxx Fargo Securities, LLC.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Goldman Sachs means Goldman, Sachs & Co.

  • U.S. Securities means Securities issued by an issuer that is organized under the laws of the United States or any State thereof or that are otherwise traded in the United States, and shall include American Depositary Receipts.

  • Asset-Backed Securities means securities which:

  • Agency Securities means negotiable debt obligations which are fully guaranteed as to both principal and interest by the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation, but excluding (i) interest only and principal only securities and (ii) Collateralized Mortgage Obligations, Real Estate Mortgage Investment Conduits and similar derivative securities.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Excess Securities means the Corporation Securities which are the subject of the Prohibited Transfer.

  • Private Securities Transaction means any securities transaction relating to new offerings of securities which are not registered with the Securities and Exchange Commission, provided however that transactions subject to the notification requirements of Rule 3050 of the Financial Industry Regulatory Authority’s (FINRA) Conduct Rules, transactions among immediate family members (as defined in the interpretation of the FINRA Board of Governors on free-riding and withholding) for which no associated person receives any selling compensation, and personal securities transactions in investment company and variable annuity securities shall be excluded.

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • Barclays shall have the meaning assigned to such term in the preamble to this Agreement.

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • Morgan Stanley Morgan Stanley, a Delaware corporation.

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market and as to which the Company or any Restricted Subsidiary is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting the foregoing requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.11, such securities shall be deemed not to have been Liquid Securities at any time.

  • Private Capital means, if the Issuer is Matching Private Investment Supported (as defined in the Definitive Agreement), the equity capital received by the Issuer or the applicable Affiliate of the Issuer from one or more non-governmental investors in accordance with Section 1.3(m) of the Definitive Agreement.

  • Rule 144A Securities means all Initial Securities offered and sold to QIBs in reliance on Rule 144A.

  • Warburg means Warburg, Xxxxxx Capital Partners, L.P., and/or any of its affiliates.