This creates an asset-backed security, or ABS, which can then be traded like any other security.
These three are credited as the fathers of the mortgage-backed security and the process of securitization.
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It is now replacing its U.S. fleet with purchased vehicles under the ABS (Asset-Backed Security) facility that provides it access to cheaper vehicle financing.
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Now, more on something that Congressman Blunt alluded to, how do you place a value on a mortgage-backed security when there's no market for it?
It is one thing to assess the effects of modifying terms on a single mortgage-backed security, which is likely to have one firm servicing it.
For that reason, it's not as risky as a mortgage-backed security.
For business borrowings--excuse us, financings--there is the sukuk, an asset-backed security.
The investment company is currently in a legal battle with another major fund company, BlackRock, against Bank of America over its losses in the 2008 mortgage backed security blowout.
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What should this hardware-backed security solution encompass?
When lots of similar receivables are bundled together in an asset-backed security, the average rates of default, late payment and pre-payment are predictable, so both issuers and investors can be relatively confident of their ability to value the security properly.
In its role as conservator of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that have been kept afloat with billions of taxpayer dollars since 2008, the FHFA noted that it has not filed suit against every issuer, nor on every private label mortgage-backed security (PLS) purchased by one of the GSEs.
Steve DeLaney of JMP Securities says REITs can borrow against 95% to 97% of a government-backed mortgage security's value in the repo market.
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The Nato-backed International Security Assistance Force (Isaf) is gradually handing over responsibility for security to Afghans but about 140, 000 foreign troops remain in the country.
In June a unanimously-backed UN Security Council resolution tabled by France and the United States made it legal for foreign navies to chase pirates into Somali waters and, if need be, sink them.
These rates are comparable with those provided for mortgage loans, but neither was backed by a security.
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Plans to offer UK-based firms shorter internet domain names backed by added security features have been proposed.
"CDO" is a common term for collateralized debt obligation, an investment-grade security backed by a pool of bonds, loans and other assets.
But at his final news conference, President Jacques Chirac repeated that any military action not backed by the Security Council was illegal, and also called for a spirit of dialogue and multi-lateralism.
And Sinosun Technology, a maker of computer security software backed by Granite Global Ventures, which also backed Tudou, rose by 5.9% on Friday, after gaining 9.7% on Thursday.
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But they who refuse to pursue that reconciliation process now know that they will have to contend with both strong Afghan security forces backed by the United States and our allies, and again an Afghan government that is engaged in the long-term partnership with the United States.
Turkey's security forces consider the Syrian-backed Kurdish Workers Party to be among their main security concerns.
Security Council members have unanimously backed a Russian-sponsored resolution to intensify the international battle against terrorism.
The only Arab representative on the UN Security Council, Syria, backed the new UN resolution, although it looked likely to abstain until the last minute.
And on October 7th he suddenly backed a request by Libya for the Security Council to debate the Goldstone report, although it will be impossible to get any kind of resolution passed because of America's veto.
The Social Security trust fund bonds are explicitly backed by the full faith and credit of the United States.
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The company is backed by world-class teams of software security experts and partners.
Ten UN Security Council (UNSC) members backed the resolution, including France, Lebanon, the US and UK, while five, including Germany, abstained - nine votes were needed for it to pass.
Aggressive cyber security investments by venture capital-backed startups and sizable corporations are obviously a huge step in the right direction, but it is equally clear that much more must be done.
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Mobile security must start with a hardware-backed model, designed-in from the start in processor architecture, which secures information and processes right to the core of the phone or tablet.
Security-minded Ethiopia, confronting Islamist militias backed by nearby rebels in Somalia, has become Israel's closest continental ally and a big buyer of defence equipment.
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