Collateralized mortgage obligation

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

Collateralized mortgage obligation (C.M.O.) A security underpinned by a bunch of pass-through rates, structured so that there are several classes of bondholders with varying maturities, called tranches who get paid at different times.

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.

COLLATERALIZED MORTGAGE OBLIGATION (CMO) A security collateralized with mortgages or mortgage-backed securities. Many CMOs backed by a U.S. government agency are rated AAA. Non-agency CMOs may be lower rated.

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

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

collateralized mortgage obligation (CMO) commission The fee paid to a dealer when the dealer acts as agent in a transaction, as opposed to when the dealer acts as a principal in a transaction (see "net price").

Collateralized Mortgage Obligation: A collateralized mortgage obligation is a derivative mortgage-backed security created from pools of home 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.

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.

First call With collateralized mortgage obligation (CMOs.), the start of the cash flow cycle for the cash flow window.

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 last payment of a CMO (collateralized mortgage obligation bond). It has higher face value than the previous tranches due to the periodically accrued interest that was added to the principal through the lifetime of the CMO.

Collateralized debt obligation Collateralized mortgage obligation Credit-linked note Mortgage-backed security Commercial mortgage-backed security Residential mortgage-backed security Unsecured bond Agency Securities ...

See also: Collateral, Investment, Interest, Issue, Bonds