Collateralised Mortgage Obligation and SSD: Difference between pages

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imported>Doug Williamson
(Create the page. Sources: linked pages.)
 
imported>Doug Williamson
(From The Treasurer Oct 2008 pp24-25 Charles Stephens, Commerzbank & creditolo.de website kreditlexicon 25 Mar 2013.)
 
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(CMO).
Schuldscheindarlehen.
 
German loan instruments, more commonly known as Schuldscheine.
A Collateralised Mortgage Obligation is a type of bond.
 
The bonds have claims to the cash flows from pools of mortgages.
 
The CMO structure is generally divided into tranches, with each tranche having different claims, rates and maturities.
 
 
== See also ==
* [[Bond]]
* [[Collateral]]
* [[Mortgage]]

Revision as of 13:36, 25 March 2013

Schuldscheindarlehen. German loan instruments, more commonly known as Schuldscheine.