Collateralized Mortgage Obligations (CMOs)

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Collateralized Mortgage Obligations (CMOs) a type of mortgage backed security (MBS) with separate pools of pass through security mortgages that contain varying classes of holders and maturities (tranches) with the advantage of predictable cash flow patterns. What is Collateralized Mortgage Obligations (CMOs) , What does mean Collateralized Mortgage Obligations (CMOs) , Insurance Guide, Insurance Glossary

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