Alternative Mortgage Instruments

Business / Finance / Alternative Mortgage Instruments: Variations of mortgage instruments such as adjustable-rate and variable-rate mortgages, graduated-payment mortgages, reverse-annuity mortgages, and several seldom-used variations.
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Other Words for Alternative

Alternative Noun Synonyms: alternate, variant, choice, option, selection, possibility, substitute, surrogate
Alternative Adjective Synonyms: alternate, variant, (an)other, different, additional, substitute, surrogate
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Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Mortgage Servicing

Business / Finance / Mortgage Servicing: The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan. MORE

Mortgage-Backed Securities (MBS)

Business / Finance / Mortgage-Backed Securities (MBS): Investment instruments backed by a pool of mortgage loans. MORE

Mortgage REIT

Business / Finance / Mortgage REIT: An REIT that invests in loans secured by real estate that derives income from mortgage interest and fees. MORE

Mortgage Rate

Business / Finance / Mortgage Rate: The interest rate on a mortgage loan. MORE

Mortgage Pool

Business / Finance / Mortgage Pool: A group of mortgages with similar class, interest rate, and maturity characteristics. MORE