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Finance Dictionary and Glossary of Investment Terms
Pool factor
Definition 1.
The outstanding principal balance divided by the original principal balance with the result expressed as a decimal. Pool factors are published monthly by the Bond Buyer newspaper for Ginnie Mae, Fannie Mae, and Freddie Mac (Federal Home Loan Mortgage Corporation) MBSs.
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Definition 2.
Outstanding mortgage pool principal divided by the original principal balance, and expressed as a decimal between 0 and 1.
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