Collateralized Mortgage Obligation (CMO)

Definition - What does Collateralized Mortgage Obligation (CMO) mean?

A corporate debt security that is secured by an underlying pool of mortgages.

Testopedia explains Collateralized Mortgage Obligation (CMO)

Connect with us

Testopedia on Linkedin
Testopedia on Linkedin
Tweat www.testopedia.com
"Testopedia" on Twitter


'@Testopedia'
Sign up for Testopedia's Free Newsletter!