GUARANTEE FEES
Amount charged to lenders by mortgage-backed securities (MBS) providers to bundle, render service, sell, and report such securities to investors. The main component of this fee is charged to give protection against credit-linked losses in the mortgage portfolio. Small sub-fees are also reduced to cover internal expenses such as regulating and managing securitized mortgage pools, reporting to investors and the Securities and Exchange Commission (SEC), selling MBS to investors, and keeping the MBS on the open market and selling, as well as for overall and administrative expense. Also known as g-fee.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
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Average Collected Balance
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Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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| 01:30 | Westpac Consumer Sentiment | Nov | |
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| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
