Io

(redirected from Interest-only strip)
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Related to Interest-only strip: IO Strips

interosseous

(in″tĕr-os′ē-ŭs) [ inter- + osseous],

IO

Situated or occurring between bones, as muscles, ligaments, or vessels; specific muscles of the hands and feet.

intraoperative

(in″tră-op′(ĕ-)răt″ĭv) [ intra- + operative],

IO

Occurring during surgery.

Io

chemical symbol, ionium.
References in periodicals archive ?
These non-GAAP measures include the Bank's (i) tangible common equity ratio, (ii) net income and diluted earnings per share excluding the afer-tax effect of gains from the sales of SBA interest-only strip securities and (iii) core net interest margin excluding loan prepayment penalty income.
Providian Financial Corporation (NYSE:PVN) announced today the preliminary results of its review of assumptions used to estimate the value of interest-only strips recorded in connection with securitized receivables.
At March 31, 2002, the fair value of ABFI's interest-only strips was $490 million, including the fair value of overcollateralization-related cash flows of $223 million.
Contractual interest income, net of amortization of basis on Agency and Non-Agency Interest-Only Strips, classified as derivatives(1):
Fitch recognizes the volatility of the interest-only strips held on Doral's balance sheet.
Mandia continued, "Unlike securitizations, whole loan sales are typically structured as a sale with servicing released and the Company does not retain interest-only strips.
The interest-only strips were reduced by a combination of higher financing costs on all tranches, the move of a greater portion of the financing into lower-rated, higher yielding securities and by lower yields on the bankcard portfolio.
Every loan we originate and securitize builds our managed portfolio, and assuming it performs as we expect, ABFI can realize revenue and cash streams through interest accretion on our interest-only strips and servicing fee income.
Additionally, a broker-dealer license will allow DebtX to meet the growing demand for interest-only strips and mezzanine loans.
5 million adjustment to the value of the Company's interest-only strips to account for the impact of increased loan prepayments being experienced throughout the mortgage industry because of lower interest rates.