Tandy A mortgage pool is a group of mortgages that are securitized and sold to investors. The mortgages in the pool have similar characteristics, such as credit quality, loan type, and maturity date. Mortgage pools are used by mortgage lenders to manage risk and provide liquidity. What is another name for a mortgage? A mortgage is … Read more
Bucket is a term often used in business to describe a division or group within a company. For example, a company might have a “sales bucket” and a “marketing bucket.” The term can also be used to describe the amount of money that a company has set aside for a particular purpose. For example, a … Read more
Brokerage firms work by matching buyers and sellers of securities. They charge a commission for their services, which is typically a percentage of the value of the transaction. Brokerage firms are regulated by the Securities and Exchange Commission (SEC) and must adhere to certain rules and regulations. For example, they must maintain adequate capital levels … Read more
