Glossary entry

French term or phrase:

billets hypothécaires

English translation:

mortgage notes

Added to glossary by Mary Lalevee
Mar 15, 2006 16:57
18 yrs ago
French term

billets hypothécaires

French to English Law/Patents Finance (general) stock market
This is in a list of instruments that a mutual fund may have amongst its assets:

"L'actif d'un-fonds commun -de placement peut-également comprendre...

- dans la limite de 10 %, des bons de souscription, des bons de caisse, des billets hypothécaires, des billets à ordre et des actifs autres que ceux qui sont mentionnés au chiffre premier de l'article précédent."
Proposed translations (English)
4 +5 mortgage notes
3 +2 mortgage bonds/securitisation

Proposed translations

+5
3 mins
Selected

mortgage notes

:-)

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Note added at 4 mins (2006-03-15 17:02:16 GMT)
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Resources for buyers and sellers of mortgage notes, and other income streams.
www.papersourceonline.com/
Peer comment(s):

agree Martine Brault
11 mins
merci bien
agree Ghina
43 mins
merci, Tanya
agree Adam Lankamer
52 mins
thank you, Adam
agree Adrian MM. (X) : notes of hand and not bonds: www.investorwords.com/3138/mortgage_note.html
2 hrs
thanks, Tom
agree IC --
1 day 19 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks very much,"
+2
5 mins

mortgage bonds/securitisation

This sounds like - but I may be wrong if there is a specific french investment instrument that I am not aware of - bonds/units in a listed, mortgage-backed SPV. Possible however that there is another instrument such as a government scheme (like fannie mae)
Peer comment(s):

agree Kim Metzger
34 mins
agree IC --
1 day 19 hrs
Something went wrong...
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