Collateralized Mortgage Obligation (CMO)

Filed Under: c by
Collateralized Mortgage Obligation (CMO)
Refer: mortgage pass-through security. Securities that are backed by a pass through pool, which encompasses classes of bondholders, maturities being different. The underlying security pool’s principal payments go toward repaying the bond on priority.

Recommended for you:

  1. Mortgage Pass-Through Security
  2. Principal Only (PO)
  3. Mortgage Pool
  4. Stripped Mortgage-Backed Securities (SMBSs)
Home / Glossary / c / Collateralized Mortgage Obligation (CMO)