What Does CMO Mean?

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What does CMO mean? Read on to discover the definition & meaning of the term CMO - to help you better understand the language used in insurance policies.

CMO

CMO

A collateralized mortgage obligation (CMO) is a set of mortgage loans (often numbering in the thousands) that are grouped together and sold as a financial instrument or investment opportunity.

We hope the you have a better understanding of the meaning of CMO.

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