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mortgage purchase bond

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Financial Dictionary

mortgage purchase bond

A housing revenue bond, the proceeds of which have been used to purchase mortgages from lending institutions. Interest and principal payments are derived from payments on the mortgages underlying the bond issue.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Mortgage Surety Bonds
$5/Thousand or 1/2% (vs 3/4% or 1%) Super low prices. Online Apps & Pmt
www.thebondexchange.com
Mortgage Surety Bonds
Get Mortgage Bonds Online Today. Immediate Online Decision!
www.JWSuretyBonds.com
Search another word or see mortgage purchase bond on Thesaurus | Reference
Benefit from Bonds
Search 1000’s of bonds to find the right investment. $7 online trades.
www.Scottrade.com
Mortgage Broker Bond
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