What is the meaning of CMO (collateralized mortgage obligation)?

CMO > collateralized mortgage obligation

Debt obligations that are collateralized by and have payments linked to a pool of mortgages.

Barry Goldsmith
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APABarry Goldsmith. (2010). CMO (collateralized mortgage obligation). Retrieved September 28, 2026, from http://smartdefine.org/cmo_(collateralized_mortgage_obligation)/definitions/1150071
ChicagoBarry Goldsmith. 2010. "CMO (collateralized mortgage obligation)" http://smartdefine.org/cmo_(collateralized_mortgage_obligation)/definitions/1150071 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, CMO (collateralized mortgage obligation), Smart Define, viewed 28 September, 2026, <http://smartdefine.org/cmo_(collateralized_mortgage_obligation)/definitions/1150071>.
MLABarry Goldsmith. "CMO (collateralized mortgage obligation)" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/cmo_(collateralized_mortgage_obligation)/definitions/1150071>