Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. Not having the form of a security

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

un- +‎ securitized

Examples

  • Mr. Fisher also discussed a recent decision by the central bank to allow borrowers to use raw, or unsecuritized, loans as collateral at its discount-window facility, starting in early 2011.

    BOE Won't Replace Special Liquidity Scheme

  • The collateral will usually comprise asset-backed and other securities, and might not include any loans or unsecuritized obligations.

    Louis M. Guenin: Regulating Collateralized Debt Obligations, the Elephant in the Room Untouched by Financial Reform Bills

  • It is estimated that some $1.4 trillion in non-Agency backed mortgage-related securities were outstanding at the end of 2007, not including unsecuritized mortgages.

    Let's Get the Bank Rescue Right

  • The remainder of losses is accounted for by under-water prime mortgage securities and unsecuritized mortgage loans.

    Making A Mint

  • Mortgage securities classified as held-to-maturity with a cost basis of $8 million and unsecuritized investments in residential mortgage loans with a cost basis of $11 million are not subject to mark-to-market accounting and therefore have been excluded from this analysis.

  • Similarly, a $100 whole mortgage retained by the bank required $4 of capital, because the Basel risk weight for unsecuritized mortgages was 50 percent.

    SeekingAlpha.com: Home Page

  • -- Legal: The RH Reward program can legally be implemented in scale on both securitized and unsecuritized loans without penalizing either the borrower, for where their note resides, or security (or note) holder, for how their risk is structured.

    Marketwire - Breaking News Releases

  • Mortgage securities classified as held-to-maturity with a cost basis of $8.6 million, unsecuritized investments in residential mortgage loans with a cost basis of $11.0 million and commercial notes with a cost basis of $10.0 million are not subject to mark-to-market accounting and therefore have been excluded from this analysis.

    Capstead Mortgage Corporation Announces Third Quarter 2010 Results - Yahoo! Finance

  • [1] This estimate includes both securitized and unsecuritized mortgages of all credit types and sizes (Alt-A, subprime, jumbo, conforming, etc.).

    Money and Markets: Free Investment Email Newsletter

  • With respect to credit losses on unsecuritized loans, recent research by the Federal Reserve Board (Sherlund (2008)) using comparable house price assumptions (but assuming high oil prices) concludes that over half of 2006-2007 subprime mortgage originations are set to default (i.e. $150bn out of $300bn in our data).

    Safehaven

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.