Exchange Currency

active tranche

Slice of a pool of mortgage backed securities that is currently receiving principal payments. This type of instrument is commonly structured as a collateralized mortgage obligation. Each section has its own maturity date and interest rate. In succession, each tranche in turn will become the active tranche and begin receiving the principal payments.

Related information about active tranche:
  1. Active Tranche Definition | Investopedia
    A tranche of a collateralized mortgage obligation (CMO) that is currently receiving principal payments that are passed through to its investors. While interest is ...
     
  2. What is active tranche? definition and meaning
    Definition of active tranche: Slice of a pool of mortgage backed securities that is ... In succession, each tranche in turn will become the active tranche and begin ...
     
  3. Collateralized Mortgage Obligations (CMOs)
    During the window, the tranche becomes the active tranche, and receives both principal and interest, and any prepayments. If the prepayment rate is greater or ...
     
  4. Behind 'The Iksil Trade' - IG9 Tranches Explained | ZeroHedge
    Apr 10, 2012 ... IG9 is the last CDX index that had an active tranche market. It was the “on the run ” index at the time of Lehman, and since then, the synthetic ...
     
  5. Development Account - Active projects by tranche
    Active projects. By Tranche. Development Account projects are ...
     
  6. CMO Glossary From David Lerner Associates
    Active tranche: A CMO tranche that is currently paying principal payments to investors. Amortization: Liquidation of a debt through installment payments. Average ...
     
  7. * Tranche - (Business): Definition
    Active tranche basically stands for REMIC or Real Estate Mortgage Investment Conduit. The REMIC tranche is basically a bond that is backed up by a large set ...
     
  8. Collateralized Mortgage Obligations (CMos) - George K. Baum ...
    Active tranche: A CMO tranche that is currently pay- ing principal payments to investors. Amortization: Liquidation of a debt through install- ment payments.