A group of loans put together from a larger number of individual loan issuers. This type of pool usually combines loans that are similar, and the result makes each mortgage lender (participant) responsible for administering the loans it contributes to the pool. Opposite of single-issuer pool.
Related information about multiple-issuer pools:
- Ginnie Mae II MBS Program Description - Ginnie Mae: For Issuers
An issuer may participate in the Ginnie Mae II MBS either by issuing custom, single-issuer pools or through participation in the issuance of multiple-issuer pools.
- GNMA II Custom Pools - Ginnie Mae
Ginnie Mae II Multiple Issuer Pools. Latest GinnieNET Electronic Transmission Date to the Pool Processing Agent. Issue Date. Latest GinnieNET Electronic ...
- A range of Ginnie Mae programs to serve a range of Issuers
Ginnie Mae II MBS allows multiple-issuer pools to be assembled, which in turn allows for larger and more geographically dispersed pools as well as the ...
- What is multiple-issuer pools? definition and meaning
Definition of multiple-issuer pools: A group of loans put together from a larger number of individual loan issuers. This type of pool usually combines loans that ...
- Multiple-Issuer Pools - Financial Dictionary - The Free Dictionary
Definition of Multiple-Issuer Pools in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Multiple-Issuer Pools? Meaning of ...
- GINNIE MAE Definition | Business Dictionaries from AllBusiness.com
GNMA 2 securities represent multiple-issuer pools (called jumbos) that are longer and more geographically diverse than single issuer pools, with certificate ...
- Successfully Securitizing with Ginnie Mae
May 2, 2011 ... Both single Issuer pools and multiple Issuer pools. ▻ Multiple Issuer pools combine loans with similar characteristics. ▻ Offer more flexibility for ...
- Ginnie Mae I & II MBS Programs - NCUA
Ginnie Mae II MBS: Allows multiple-issuer pools to be assembled, which allows for larger and more geographically dispersed pools as well as the securitization ...