TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ISSUER-SERVICER [1 record]

Record 1 1996-02-28

English

Subject field(s)
  • Banking
CONT

The cash flows from the interest spread represent two separate forms of compensation to the issuer-servicer: - a fee to service the pool of mortgages on behalf of the holders of the mortgage-backed securities (the normal servicing fee); and - part of the consideration (sales proceeds) received from the sale of the mortgage-backed securities to investors (the net interest spread). [Office of the Superintendent of Financial Institutions].

French

Domaine(s)
  • Banque
CONT

Les mouvements de trésorerie résultant de la marge d'intérêt constituent deux formes distinctes de dédommagement pour l'émetteur-administrateur: - des frais pour l'administration du bloc de prêts hypothécaires pour le compte des détenteurs des titres hypothécaires (les frais d'administration normalisés); - une partie de la contrepartie tirée de la vente des titres hypothécaires aux investisseurs (la marge d'intérêt nette). [Bureau du surintendant des institutions financières].

Spanish

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