Commercial Mortgage-Backed Securities (CMBS)
- Commercial Mortgage-Backed Securities (CMBS)
- A type of mortgage-backed security that is secured by the loan on a commercial property. A CMBS can provide liquidity to real estate investors and to commercial lenders. As with other types of MBS, the increased use of CMBS can be attributable to the rapid rise in real estate prices over the years.
Because they are not standardized, there are a lot of details associated CMBS that make them difficult to value. However, when compared to a residential mortgage-backed security (RMBS), a CMBS provides a lower degree of prepayment risk because commercial mortgages are most often set for a fixed term.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
commercial mortgage-backed securities — (CMBS) International mortgage backed securities which are backed, that is funded by and secured over, a portfolio of mortgage loans secured on commercial properties. The principal revenue stream to the special purpose vehicle which will be used… … Law dictionary
commercial mortgage-backed securities — UK US noun [plural] (ABBREVIATION CMBS) FINANCE ► groups of loans on business properties that are combined to make bonds and sold as investments: »A major development in real estate finance in the 1990s was the emergence of commercial mortgage… … Financial and business terms
Commercial Mortgage-Backed Securities — (CMBS) ценные бумаги, обеспеченные коммерческой недвижимостью (частный случай MBS) … Ипотека. Словарь терминов
Commercial mortgage-backed security — Securities Securities Bond Stock Investment fund Derivative Structured finance Agency security … Wikipedia
commercial mortgage-backed security — commercial mortgage backed securities (CMBS) International mortgage backed securities which are backed, that is funded by and secured over, a portfolio of mortgage loans secured on commercial properties. The principal revenue stream to the… … Law dictionary
commercial mortgage-backed securities — /kəˌmɜ:ʃ(ə)l ˌmɔ:nɪdʒ bækt sɪ kjυərɪtiz/ plural noun shares which are backed by the security of a commercial mortgage. Abbreviation CMBS … Dictionary of banking and finance
mortgage-backed securities — International mortgage backed securities, Also referred to as MBS. debt securities (debt security) (such as bonds or notes), which are issued by a special purpose vehicle in the course of a securitisation and backed, that is funded by and secured … Law dictionary
mortgage backed securities — International mortgage backed securities, Also referred to as MBS. debt securities (debt security) (such as bonds or notes), which are issued by a special purpose vehicle in the course of a securitisation a … Law dictionary
Mortgage-backed Securities — sind besicherte Anleihen, also durch Vermögenswerte gesicherte Wertpapiere, deren Bargeldflüsse durch die Zins und Tilgungszahlungen eines Pools von grundpfandrechtlich gesicherten Forderungen getragen werden. Im Gegensatz zu Pfandbriefen… … Deutsch Wikipedia
Mortgage Backed Securities — (englisch für durch Hypotheken gesicherte Wertpapiere) sind besicherte Anleihen, also durch Vermögenswerte gesicherte Wertpapiere, deren Bargeldflüsse durch die Zins und Tilgungszahlungen eines Pools von grundpfandrechtlich gesicherten… … Deutsch Wikipedia
