Agency Pass-Throughs: Mortgage pass-through securities whose principal and interest payments are guaranteed by government agencies, such as the Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Federal National Mortgage Association(Fannie Mae).

 

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Agency Pass-Throughs: Mortgage pass-through securities whose principal and interest payments are guaranteed by government agencies, such as the Government National Mortgage Association (Ginnie Mae), Federal Home . . . View Full Definition

Modified Pass-Throughs: Agency pass-throughs that guarantee (1) timely interest payments and (2) principal payments as collected, but no later than a specified time after they are due. Related: Fully modified pass-throughs.

Interactive Agency: An agency offering a mix of Web design/development, Internet advertising/marketing, or E-Business/E-Commerce consulting.

Fiscal Agency Agreement: A time series regression to estimate the betas of securities portfolios.

Fully Modified Pass-Throughs: Used to describe an investor whose assets are totally committed to investments, typically stock.

Field Service Agency: Generally refers to any one of the following USDA agencies that administer programs and provide services to farmers and other rural residents through an extensive network of state and local . . . View Full Definition

Implied Agency: An agency agreement created by the actions of the parties, and not a stated (written or verbal) agreement.

Federal Agency Securities: A Federal Reserve action adding more reserves to the banking system, increasing the money available for lending, and making credit easier to attain.

Exclusive Agency Listing: A written listing agreement giving a sole agent the right to sell a property for a specified time, but reserving to the owner the right to sell the property himself without owing a commissio . . . View Full Definition

Exclusive-Agency-Buyer-Agency-Agreement: Similar to the exclusive buyer agency agreement, this is an exclusive contract between the buyer and the agent. However, this agreement limits the brokers right to payment. The broker is ent . . . View Full Definition