Lock-Out Term used with PAC bond CMO classes. The time period prior to date when the sinking fund comes into effect. For multifamily loans, the prepayment prohibited period of the loan. … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Lock-Out Term used with PAC bond CMO classes. The time period prior to date when the sinking fund comes into effect. For multifamily loans, the prepayment prohibited period of the loan. … [Read more...]