bond-basics

Mortgage Revenue Bond

A Bond issued by a state, certain agencies or authorities or Political Subdivisions to make or purchase loans (including mortgage or other owner financing) with respect to single-family or multifamily residences. As indicated by the name, a principal source of security for the Bonds is mortgages on the financed properties. A Mortgage Revenue Bond may also refer to Bonds issued to finance the construction or acquisition of a public utility.

All the Bonds

Learn more about the various types of municipal obligations you may encounter.


See Also

Private Activity Bond (PAB)

The term used in the Code to describe any bond issued as part of a bond issue that meets both of the private business tests or meets the private loan financing test.

Hudson Yards Rail Yards

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Hundreds of Terms and Concepts

Pre-Closing

A meeting of all the parties prior to the closing, often held the day before the closing.