A security's position that will suffer the first economic loss if the assets below it lose value or are foreclosed on.
Related information about first loss position:
- What is first loss position? definition and meaning
Definition of first loss position: A security's position that will suffer the first economic loss if the assets below it lose value or are foreclosed on.
- First-loss Position definition - Special Loans
first-loss position. The position in a security that will suffer the first economic loss if the underlying assets lose va.
- Proposed risk retention rule approved for asset-backed securities
Apr 7, 2011 ... A 5% “horizontal” first-loss position, whereby the sponsor or other entity retains a subordinate interest in the issuing entity that bears losses on ...
- More hedge funds lured to new source of capital - MarketWatch
May 23, 2011 ... In this way, the hedge fund managers put themselves in the “first-loss” position, in return for the capital. Asset growth. For new hedge funds and ...
- Asset securitisation - Bank for International Settlements
first-loss position;. (c). Bilateral transactions; and. (d). Utilisation of a highly rated intermediary institution. 71. From the originators' perspective, the incentives to ...
- What is FIRST LOSS? - The Law Dictionary
The first loss position can be created through a DEDUCTIBLE where the INSURED bears the losses up to the ATTACHMENT point. If no DEDUCTIBLE exists, ...
- Calculated Risk: Private Mortgage Insurance for UberNerds I: The ...
Mar 21, 2007 ... We often use the term “first loss” position when talking about MI, and I am ... But we should always bear in mind that the true first loss position on ...
- MBA Supports a Flexible Approach for CMBS Risk Retention
Mar 17, 2011 ... 1. Retention of a specified amount or percentage of total credit risk of the asset;. 2 . Retention of the first-loss position by a third-party purchaser ...