Maximize Your Investment Potential with Collateralized Mortgage Obligations (CMOs)
What is a Collateralized Mortgage Obligation (CMO)?
A Collateralized Mortgage Obligation (CMO) is a type of security that derives its value from a pool of mortgage loans. These pooled loans are packaged together and can be separated into various classes or
Related Terms: mortgage-backed securities, REMIC, securities, investing, mortgage loans.