释义 |
Gestation repo Gestation repoA reverse repurchase agreement between mortgage firms and securities dealers. Under the agreement, the firm sells federal agency-guaranteed MBS and simultaneously agrees to repurchase them at a future date at a fixed price.Gestation RepoA repurchase agreement between a mortgage provider and a security dealer. In a gestation repo, the mortgage company sells agency securities to the dealer and agrees to buy them back at a stated price at a certain point in the future. This provides a profit for the security dealer and short-term funding for the mortgage provider. See also: Double sale. |