Exchange Currency

servicing strip

Type of security that consists of the servicing fees on mortgage. Servicing strips can be traded like mortgage-backed securities.

Related information about servicing strip:
  1. Servicing Strip Definition | Investopedia
    A security created by the stream of cash flows that result from the servicing fee on a mortgage. Servicing strips trade in a secondary market much like ...
     
  2. What is servicing strip? definition and meaning
    Definition of servicing strip: Type of security that consists of the servicing fees on mortgage. Servicing strips can be traded like mortgage-backed securities.
     
  3. Mortgage-Backed Securities: Monthly Reporting Data: SMBS: Whole ...
    Whole Loan Servicing Strip Reports The following files contain information about the mortgage loans underlying Fannie Mae-issued whole loan strips. The data ...
     
  4. Background and Issues for Consideration - Federal Housing ...
    Feb 14, 2011 ... All amounts that can be monetized are sold at sale (no excess servicing strip retained). □ Loans sold into MBS trading at par. □ The 3 bps and ...
     
  5. Alternative Mortgage Servicing Compensation Discussion Paper
    Sep 27, 2011 ... will collect a master servicing strip from the interest payments made by the borrower to fund the dollar fee per loan payments to servicers. 9 ...
     
  6. t - Greer Advisors, LLC
    2 The price of servicing is often expressed as a multiple of the servicing strip. For example, a 25 basis point strip of MSR's priced at 200 basis points (up front) ...
     
  7. Loan servicing: Definition from Answers.com
    Loan servicers are compensated by retaining a relatively small percentage of each periodic loan payment known as the servicing fee or servicing strip. This is ...
     
  8. Federal Housing Finance Agency Joint Initiative on Mortgage ...
    Oct 26, 2011 ... funded by a master servicing strip collected by the guarantor from interest payments paid by the borrowers. FHFA has issued a series of ...