Filter by Categories
Accounting
Banking

CMO

An abbreviation for collateralized mortgage obligation. A mortgage-backed bond where holding investors are divided into tranches (maturity classes) and principal…

CMO Equity

The cash flow amount(s) that remains unpaid on each payment date after all payments on the collateralized mortgage obligation tranches...

FRCMO

An abbreviation for floating-rate collateralized obligation; a collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that is…

CMO Residual

The cash flow amount(s) that remains unpaid on each payment date after all payments on the collateralized mortgage obligation tranches...

Floating-Rate CMO

A collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that is tied to a reference interest rate.…

Simultaneous-Pay CMO

A collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows into short, medium,…

Simultaneous-Pay Bond

A collateralized mortgage obligation (CMO) that converts a long-term mortgage product with irregular and unstable cash flows into short, medium,…

CMO Floater

A floater that involves a short position in a strip of caps over the life of collateralized motgage obligation (CMO)…

CMO FRN

An abbreviation collateralized mortgage obligation floating-rate note; a collateralized mortgage obligation (CMO) that pays an adjustable rate of interest that…

Agency CMO

A collateralized mortage obligation (CMO) that is issued by a government agency or a government-sponsored enterprise. Speicifically, the agency or…