average mortgage face amount

face value: Definition from Answers.com
Example: A mortgage has a face value of $100000, an amortization term of 30 years, and a face interest rate of 6%. . Promissory Notes: Not Your Average IOU .

face value Definition | Business Dictionaries from AllBusiness.com
nominal amount of a debt obligation (e.g., note, bond, mortgage) or equity security as stated in the instrument. It excludes interest and dividends. The face value .

  1. california group health insurance small

    Current Face Definition | Investopedia
    Current face is determined by multiplying the current pool factor by the mortgage- backed security's original face value. A mortgage-backed security's current face .

    Glossary - Ginnie Mae
    A mortgage loan on which interest rates are adjusted at regular intervals . The average amount of time that will elapse from the date of MBS purchase until . Current face is computed by multiplying the original face value of the security by the .

  2. marketing letters for mortgage brokers

    Buy Collateralized Mortgage Obligation Investments From David ...
    Mortgage securities are more often discussed in terms of their “average life” . For securities purchased at a discount to face value, faster prepayment rates will .

  3. average mortgage payment frederick md

    The Average Life of a Mortgage Loan | eHow.com
    The average life of a mortgage loan is the average time it takes for any one dollar of . Bonds have a face value; a coupon, or interest rate; and a maturity date.

  4. life insurance specialist

    What does Face Value mean?
    The face value of a mortgage is the amount of the loan without taking interest or other fees into consideration. For example, if you have a $100000 mortgage but .

  5. average mortgage of 2008

    Investing Glossary Original Face value principal amount mortgage
    Investing Glossary and Original Face value for principal amount and . The Principal amount of a Mortgage as of its Issue date. . Volume Moving Average .

    Collateralized mortgage obligations (CMOs)
    if the CMO is bought at a discount to its face value, faster prepayment rates will . Average life: On a mortgage security, the average time to receipt of principal, .

  6. colorado debt defenses

    The Danish mortgage model — Marginal Revolution
    Sep 26, 2009 . You can pay off your mortgage but the "face value" of that transaction does not vary with . but the 6 months it takes is about average in the US.

    Credit Suisse, Goldman Pay About Half Face Value For NY Fed ...
    Apr 16, 2012. of the risky residential mortgage bonds taken on during the bailout of American . Credit Suisse Group bought $7 billion in face value of RMBS in January as . Family Farmer: Average Americans Removed from Agriculture .

  7. average mortgage payment on $75,000

    On a mortgage security, the average time to receipt of each dollar of principal, . Current face is computed by multiplying the original face value of the security by .

  8. is a reverse mortgage taxable income

    Glossary of Investment Terms - Kansas Corporate Credit Union
    A measure of how long it takes, on average, for a security to repay its principal. . A sinking-fund bond or a mortgage pool, on the other hand, pays down principal at various times . Coupon is quoted as an annual percentage of face amount.

Performance of Long Beach Mortgage Loan Trust Mortgage Meltdown
Sep 23, 2011 . These are mortgages with an average face value of $214166 (per Table 10.2), so the 58.5 percent severity in October 2008 means that there .