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A mutual fund that invests in municipal bonds, or "munis." Municipal bonds are debt securities issued by a state, municipality, county, or special purpos[阅读全文:]
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A debt security issued by a state, municipality or county to finance its capital expenditures. Municipal bonds are exempt from federal taxes and from most [阅读全文:]
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A zero-coupon municipal bond that can be converted into an interest-bearing bond under certain circumstances. The municiple convertible is a zero-coupon bo[阅读全文:]
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A term used to describe the percentage of loans that do not close in a mortgage originator's pipeline. Mortgage originators adjust the fallout assumptions[阅读全文:]
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Mortgage loans that have been locked in with a mortgage originator by borrowers, mortgage brokers or other lenders. A loan will stay in an originator's pi[阅读全文:]
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The interest rate earned by investing in securities with high liquidity and maturities of less than one year such as negotiable certificates of deposit,[阅读全文:]
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A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by part[阅读全文:]
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An insurance company that provides guarantees to issuers, often in the form of credit wraps, that enhance the credit of the issuer. These insurance compani[阅读全文:]
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A weekly publication that reports changes in corporate bond quality ratings for publicly traded companies, lists new debt registrations and provides market[阅读全文:]
An independent, unaffiliated research company that rates fixed income securities. Moody's assigns ratings on the basis of risk and the borrower's ability[阅读全文:]