Bonds

Mortgage Portfolio - Definition

A mortgage portfolio comprises a collection of loan contracts for the purchase of an apartment or homes (i.e., mortgages) that a bank manages for its customers. Example:

The bank holds 1,000 loan contracts with customers each with incomes of more than $100,000 per year.

The buyer of the mortgage portfolio receives the proceeds from mortgage repayments that have been generated by all of the contracts in the portfolio.

Mortgage Portfolio - Definition581Mortgage Portfolio - Definition