Whole Pool


Whole Pool

In the mortgage-backed securities market, whole pools refer to mortgage certificates where ownership is represented by an undivided interest in entire pools of mortgages. The term 'whole' refers to the fact that the ownership interest is undivided, as opposed to a partial or fractional interest in the pool of mortgages.

The owner of a whole pool would generally retain all the upside potential associated with the pool. However, the downside risk is also not mitigated, since it is borne only by the investor, not shared among several participants as would be the case if they held a fractional interest in the pool.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Pool — Pool, n. [F. poule, properly, a hen. See {Pullet}.] [Written also {poule}.] 1. The stake played for in certain games of cards, billiards, etc.; an aggregated stake to which each player has contributed a snare; also, the receptacle for the stakes …   The Collaborative International Dictionary of English

  • Pool ball — Pool Pool, n. [F. poule, properly, a hen. See {Pullet}.] [Written also {poule}.] 1. The stake played for in certain games of cards, billiards, etc.; an aggregated stake to which each player has contributed a snare; also, the receptacle for the… …   The Collaborative International Dictionary of English

  • Pool snipe — Pool Pool, n. [F. poule, properly, a hen. See {Pullet}.] [Written also {poule}.] 1. The stake played for in certain games of cards, billiards, etc.; an aggregated stake to which each player has contributed a snare; also, the receptacle for the… …   The Collaborative International Dictionary of English

  • Pool table — Pool Pool, n. [F. poule, properly, a hen. See {Pullet}.] [Written also {poule}.] 1. The stake played for in certain games of cards, billiards, etc.; an aggregated stake to which each player has contributed a snare; also, the receptacle for the… …   The Collaborative International Dictionary of English

  • whole — whole1 W1S1 [həul US houl] adj [: Old English; Origin: hal healthy, unhurt, complete ] 1.) [only before noun] all of something = ↑entire ▪ You have your whole life ahead of you! ▪ His whole attitude bugs me. ▪ We ate the whole cake in about ten… …   Dictionary of contemporary English

  • Pool It! — Infobox Album | Name = Pool It! Type = Album Artist = The Monkees Released = August 1987 Recorded = 1987 Genre = Rock Length = 41:44 Label = Rhino Records Producer = Reviews = *Allmusic Rating|1.5|5 [http://wc03.allmusic.com/cg/amg.dll?p=amg… …   Wikipedia

  • Pool-type reactor — NC State s PULSTAR Reactor is a 1 MW pool type research reactor with 4% enriched, pin type fuel consisting of UO2 pellets in zircaloy cladding …   Wikipedia

  • pool — I. noun Etymology: Middle English, from Old English pōl; akin to Old High German pfuol pool Date: before 12th century 1. a. (1) a small and rather deep body of usually fresh water (2) a quiet place in a stream (3) a body of water forming above a… …   New Collegiate Dictionary

  • Whole Loan — A single residential or commercial mortgage that a lender has issued to a borrower and that has not been securitized. Whole loan lenders commonly sell their whole loans in the secondary mortgage market to buyers such as Fannie Mae. One reason… …   Investment dictionary

  • Pool — Eugene H., U.S. surgeon, 1874–1949. See P. phenomenon, P. Schlesinger sign. * * * pool pül vi of blood to accumulate or become static (as in the veins of a bodily part) <blood pooled in his legs> pool n a readily available supply: as …   Medical dictionary


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