Financial Definition of Collateralized Mortgage Obligation (Cmo)
Meaning of Collateralized Mortgage Obligation (Cmo)
A security backed by a pool of pass-throughs , structured so that there are several classes of bondholders with varying maturities, called tranches. The principal payments from the underlying pool of pass-through securities are used to retire the bonds on a priority basis as specified in the prospectus. Related: mortgage pass-through security
Related Entries of Collateralized Mortgage Obligation (Cmo) in the Encyclopedia of Law Project
Browse or run a search for Collateralized Mortgage Obligation (Cmo) in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Collateralized Mortgage Obligation (Cmo) in Historical Law
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Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Collateralized Mortgage Obligation (Cmo) in the Legal Abbreviations and Acronyms Dictionary.
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| Collateralized Mortgage Obligation (Cmo) in the Dictionary | Collateralized Mortgage Obligation (Cmo) in our legal dictionaries |
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| Related topics | Collateralized Mortgage Obligation (Cmo) in the World Encyclopedia of Law |
What is Collateralized Mortgage Obligation (Cmo)?
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