Jumbo Pool

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Dictionary Says

Definition of 'Jumbo Pool'

A pass-through Ginnie Mae II mortgage-backed security that is collateralized by multiple-issuer pools. These pools combine loans with similar characteristics and are generally larger than single-issuer pools. The mortgages contained in jumbo pools are more diverse on a geographical basis than single-issuer pools. 
Investopedia Says

Investopedia explains 'Jumbo Pool'

Registered holders of Ginnie Mae II securities receive aggregate principal and interest payments from a central paying agent. Interest rates on mortgage loans contained within jumbo pools may vary within one percentage point. Because these pools are backed by multiple issuers, they are typically considered a safer form of mortgage-backed security investment.
Search results for

'Jumbo Pool'

  • Investment Clubs Pool Assets, Expertise

    http://www.investopedia.com/articles/pf/08/investment-club.asp
    ... The pool of resources and the additional brains sifting the financials means that
    investing clubs can help keep you up-to-date. ... 1 Year Jumbo CD, 0.66%, 0.67%. ...

  • Home Renovations That Don't Pay Slideshow | Investopedia

    http://www.investopedia.com/slide-show/home-renovations/swimming-pool.aspx
    ... Why? Because many homebuyers view an in-ground swimming pool as a high-maintenance
    hassle and safety hazard. ... 5 Year CD, 1.46%, 1.46%. 1 Year Jumbo CD, 0.66%, 0.67 ...

  • Top Summer Stocks To Get Into Now - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0610/Top-Summer-Stocks-To-Get-Into-Now.aspx
    ... Swimming Pool Corp (Nasdaq:POOL) is one of the largest wholesale distributors of
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  • 4 Home Upgrades That Don't Pay - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1009/4-Home-Upgrades-That-Dont-Pay.aspx
    ... Swimming Pools This one is a big surprise for many homeowners. Believe it or not,
    a swimming pool rarely adds value to a home in this day and age. ...

  • Why Are Mortgage Rates Increasing?

    http://www.investopedia.com/articles/pf/07/secondary-market.asp
    ... If the model's assumptions about the number of defaults in the underlying pool of
    mortgages of a deal prove to be correct (the lower ... 1 Year Jumbo CD, 0.66%, 0.67 ...

  • Living The High Life For $1,000 Per Month - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/What-does-1000-per-month-rent-get-you-across-the-U.S.aspx
    ... The complex offers: remote controlled access gates, a fitness center, swimming pool,
    internet access in common areas, onsite or in-unit laundry, putting green ...

  • 5 Renovations That Are Cheaper In The Summer - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/5-Renovations-That-Are-Cheaper-In-The-Summer.aspx
    ... In-Ground Pool and Deck If you live in a climate where the ground freezes, you have
    to wait for the thaw before you can do any serious digging in your yard. ...

  • Find Security In Covered Bonds

    http://www.investopedia.com/articles/bonds/09/covered-bonds.asp
    ... market, they won't alleviate the bank's exposure to toxic assets as they will not
    be allowed to be part of the cover pool for any ... 1 Year Jumbo CD, 0.66%, 0.67%. ...

  • 6 Things You Think Add Value To Your Home - But Really Don't ...

    http://financialedge.investopedia.com/financial-edge/0910/6-Things-You-Think-Add-Value-To-Your-Home---But-Really-Dont.aspx
    ... Families with young children in particular may turn down an otherwise perfect house
    because of the pool (and the fear of a child going in the pool unsupervised ...

  • Home Renovations That Don't Pay Slideshow | Investopedia

    http://www.investopedia.com/slide-show/home-renovations
    ... Why? Because many homebuyers view an in-ground swimming pool as a high-maintenance
    hassle and safety hazard. ... 5 Year CD, 1.46%, 1.46%. 1 Year Jumbo CD, 0.66%, 0.67 ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
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