Meaning COMMERCIAL MORTGAGE BACKED SECURITIES: Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments
More terms such as Commercial Mortgage Backed Securities in Dictionary C.
- Definition Clientele Effect:
- Examples tendary of funds or investments to be followed by groups of investors who have a simular preferences that the firm follow a particular financing policy, such as the amount of leverage it uses commercial mortgage backed securities definition.
- Definition Closing Costs:
- Examples All the expenses involved in transferring ownership of real estate commercial mortgage backed securities explain.
- Definition Cable:
- Examples Exchange rate between British pound sterling and the U.S. dollar commercial mortgage backed securities what is.
- Definition Certificate:
- Examples A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation commercial mortgage backed securities meaning.
- Definition Confidence Indicator:
- Examples A measure of investors' faith in the economy and the securities market. A low or deteriorating level of confidence is considered by many technical analysts as a bearish sign commercial mortgage backed securities abbreviation.
