Series 24: Collateralized Mortgage Obligations (CMOs)

Taken from our Series 24 Online Guide

Collateralized Mortgage Obligations (CMOs)

CMOs are highly risky debt instruments backed by a pool of mortgage pass-through securities or mortgage loans. All advertisements, sales literature, and correspondence concerning CMOs:

• Must include in the name of the offered product the term “collateralized mortgage obligation”
• May not compare CMOs to any other investment vehicle
• Must disclose that a government agency backing applies only to the face

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Series 24: Collateralized Mortgage Obligations (CMOs)

Taken from our Series 24 Online Guide

Collateralized Mortgage Obligations (CMOs)

Since you're reading about Series 24: Collateralized Mortgage Obligations (CMOs), you might also be interested in:

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