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What is the difference between Collateralized Mortgage Obligations and other...

This is a discussion on What is the difference between Collateralized Mortgage Obligations and other... within the General Chat forums, part of the Main Category category; ...mortgage backed securities? How do CMO's differ from any other mortgage-backed bundles? I know fannie mae finances primarily ...





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Old 07-03-2008, 09:09 PM   #1
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Join Date: Jul 2008
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...mortgage backed securities? How do CMO's differ from any other mortgage-backed bundles? I know fannie mae finances primarily by selling the latter, so what is the benefit in CMO's in comparison to them?
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