A tranche that is the first, in a securitized structure, to absorb the losses and is exposed to the highest...

A cash CDO in which the underlying collateral pool generates sufficient cash flows to pay the stated coupon and principal…

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool…

In general, it is a method to determine how the monthly interest and principal cash flows are allocated among all...

A securitized product (a type of collateralized debt obligations – CDOs) that originates obligations collateralized or backed by a pool...