Collateralized Mortgage Obligation
Definition
Use this term in a sentence
“ You should try and make sure that you live up to everything in any collateralized mortgage obligation that you sign. ”
“ We had wanted to put our client into a low risk security backed by real estate so we suggested the Collateralized Mortgage Obligation. ”
“ The collateralized mortgage obligation was good because it separated things into different maturity classes and that was needed for sure. ”