Collateralized mortgage obligation

collateralized mortgage obligation investment & finance definition
A security that is backed by real estate.

Collateralized Mortgage Obligations
A collateralized mortgage obligation, or CMO, is a type of bond that is structured using mortgage-backed securities.

collateralized mortgage obligation (CMO) investment & finance definition ...

Collateralized mortgage obligation (CMO)
A type of bond having mortgages or mortgage-backed securities as collateral.

The collateralized mortgage obligation is a special purpose debt identity that is created as a means of handling debt in an entity that is entirely separate from the entities that established the debt in the first place.

Investors in collateralized mortgage obligations include banks, insurance companies, hedge funds, mutual funds, pension funds, government agencies, and since the recent financial crisis even central banks.

Collateralized Mortgage Obligation (CMO) A bond backed by the cash flow from a pool of mortgages. The principal and interest payments from the mortgages are separated into different pools, creating several bonds with different interest rates.

Collateralized mortgage obligations
Mortgage-backed securities that are carved into an array of bonds of varying maturity, coupon and risk.

COLLATERALIZED MORTGAGE OBLIGATION (CMO) - A mortgage-backed security payable from mortgage repayments from a pool of mortgage loans. Typically, multiple classes of CMOs are issued secured by the same pool of mortgage loans.

Collateralized Mortgage Obligations (CMOs): Multi-class bond backed by a pool of mortgage pass-through securities or mortgage loans.

Collateralized Mortgage Obligations (CMOs): Bonds secured with GNMA, FNMA, and FHLMC mortgage-backed securities. Also known as REMICs.
Collateral trust bonds: Bonds secured by securities of another corporation.

Collateralized mortgage obligation (CMO)
A security backed by a pool of pass-through rates , structured so that there are several classes of bondholders with varying maturities, called tranches.

Collateralized Mortgage Obligations (CMO) and Real Estate Investment Conduits (REMIC) ...

An acronym for 'collateralized mortgage obligation'. A type of mortgage-backed security that is backed by mortgage pools and this is documented and sold as a collection of separate bonds called tranches.

A call feature of a Collateralized Mortgage Obligation (CMO) designed primarily to reduce the issuer's reinvestment risk.

CMO Acronym for Collateralized Mortgage Obligation. A mortgage-backed, investment-grade... CNY The currency of China. ISO international currency code: CNY. Learn more...

CMO Collateralized Mortgage Obligation (q.v.). CMT Derivative A Derivative Product, such as a Swap or Option, based on the CMT Yield (q.v.). These are tricky to price. CMT Yield Constant Maturity Treasury Yield.

The bright boys on Wall Street saw an opportunity to repackage these newly minted mortgages that were enabled by new unrealistic standards of credit into financial derivatives called Collateralized Mortgage Obligations.

CMO REIT - A specialized type of Real Estate Investment Trust or REIT investing in the residual cash flow of the Collateralized Mortgage Obligations or CMOs.

Tranche
Collateralized debt obligation
Collateralized fund obligation
Collateralized mortgage obligation ...

The agencies are said to "open their windows" for the initial offering of a security. Window may also refer to the period in the life of a collateralized mortgage obligation during which time principal payments are being received.

See also: Collateral, Investment, Interest, Securities, Market