Money market fund and Mortgage: Difference between pages

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(MMF).  
1.  


A managed fund which invests in money market instruments.
An agreement under which a person borrows money against a security.


Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.
The security can be over any of the borrower’s assets but is commonly property (land and buildings) though it can be any pledgeable asset including, for example, ships or financial assets.
The lender may take possession of the asset if the borrower fails to repay the money.


Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.


2.
The loan advanced, and the regular payment of money borrowed, under such an agreement.
Especially a loan secured on residential property.


== See also ==
* [[Accumulating net asset value]]
* [[Constant net asset value]]
* [[Liquidity fee]]
* [[Liquidity fund]]
* [[LVNAV]]
* [[m]]
* [[mf]]
* [[Money market]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[MCT]]
* [[Redemption gate]]
* [[Variable net asset value]]
* [[CertICM]]
* [[Cash investing in a new world]]


3. ''Law''.


===Other links===
The legal charge taken by the lender as security for the loans described above.
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]


*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]


*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]
== See also ==
* [[Affordability mortgage]]
* [[Buy-to-Let]]
* [[Certificate of title]]
* [[Charge]]
* [[Charged]]
* [[CMBS]]
* [[Encumbrance]]
* [[European Mortgage Federation]]
* [[Equity]]
* [[Federal Home Loan Mortgage Corporation]]  (FHLMC)
* [[Federal National Mortgage Association]]  (FNMA)
* [[First lien]]
* [[First mortgage debenture]]
* [[Fixed charge]]
* [[Forbearance]]
* [[Foreclosure]]
* [[Government National Mortgage Association]]  (GNMA)
* [[Interest]]
* [[Liquidity risk]]
* [[LTV]]
* [[Mortgage-backed securities]]
* [[Pipeline risk]]
* [[Prime]]
* [[Refinancing]]
* [[Refinancing risk]]
* [[Repossession]]
* [[Secured]]
* [[Securitisation ]]
* [[Securitise]]
* [[Security]]
* [[SVR]]


[[Category:Treasury_operations]]
[[Category:Compliance_and_audit]]

Revision as of 20:36, 4 July 2022

1.

An agreement under which a person borrows money against a security.

The security can be over any of the borrower’s assets but is commonly property (land and buildings) though it can be any pledgeable asset including, for example, ships or financial assets.

The lender may take possession of the asset if the borrower fails to repay the money.


2.

The loan advanced, and the regular payment of money borrowed, under such an agreement.

Especially a loan secured on residential property.


3. Law.

The legal charge taken by the lender as security for the loans described above.


See also