mortgage roll
mortgage roll · mortgage rolls
A transaction where a financial institution or insurance company sells a…A transaction where a financial institution or insurance company sells a mortgage-backed security to a dealer and simultaneously agrees to repurchase an essentially similar security at a predetermined price on a future date.
Meaning
1 sensesA transaction where a financial institution or insurance company sells a mortgage-backed security to a dealer and simultaneously agrees to repurchase an essentially similar security at a predetermined price on a future date.
Forms
plural: mortgage rolls| Singular | mortgage roll |
|---|---|
| Plural | mortgage rolls |
regular