Meanings of whole loans in English

A new CDO might also include legacy CMBS bonds as collateral, in addition to static whole loans.

The companies also own whole loans and mortgage securities issued by Wall Street banks, including subprime bonds.

These investments may be in the form of whole loans or may also include pari passu participations within mortgage loans.

The Company offers residential whole loans, including purchased performing loans, purchased credit impaired, non-performing loans and own residential real estate.

They also wanted to collateralized mortgage debt included in the fund, rather than only whole loans made by RAIT, the sources said.

Berkshire had been the opening bidder for the portfolio of 47,000 whole loans at $1.44 billion.

The FDIC is handling auctions to sell banks' whole loans and the Treasury and Federal Reserve will oversee programs to handle banks' mortgage-related securities.

Whole loans, for instance, attract much lower capital charges than senior tranches of securitisations of the same loans.