Search Elements:
- Taxonomy
- us-gaap
- Name
- InterestOnlyStripMember
- Label
- Interest-Only-Strip [Member]
- Period Type
- duration
- Type
- dtr-types:domainItemType
- Definition
- Tranche of a securitization that entitles the holder to receive some or all of the interest collected on the underlying mortgages comprising the securitization; a significant risk is prepayment speed greater than the assumption upon which purchase price was based.