Business, Legal & Accounting Glossary
A term applied when a pool of mortgage securities is purchased or owned in its entirety by a single investor as opposed to being parceled out to multiple investors. In the period before the mortgage crisis of 2008, investment banks created mortgage-backed securities from whole pools of mortgages that were then sold off in parts to investors.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Whole Pool are sourced/syndicated and enhanced from:
This glossary post was last updated: 22nd November, 2021 | 0 Views.