commercial mortgage-backed security


Definition
CMBS. A type of mortgage-backed security backed by commercial mortgages rather than residential mortgages. They are comprised of a variety of loans, each of which represents different property sizes and locations. These loans are pooled and are broken into tranches of risk that are sold to investors. In general, they carry less prepayment risk than loans backed by residential mortgages.


Related Personal Finance Articles

Loading...

commercial mortgage-backed security in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

commercial mortgage-backed security is ...

... part of the Bonds, Lending & Credit and Real Estate subjects.

Search volume for commercial mortgage-backed security

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z