| 释义 |
DictionarySeeplcEncyclopediaSeePLCProject Loan Security
Project Loan SecurityA mortgage-backed security issued by Ginnie Mae on mortgages for larger properties. As with all mortgage-backed securities, the coupons on guaranteed mortgage securities are paid out of the principal and interest on a pool of mortgages underlying the securities. Project loan securities are issued on mortgages on multi-family homes or large construction projects. |