Sep 29, 2020 · What is a Collateralized Debt Obligation (CDO)? A collateralized debt obligation (CDO) is a security that repackages individual fixed-income assets into a product that can be chopped into …

Oct 1, 2019 · A collateralized mortgage obligation (CMO) is a fixed income security that uses mortgage-backed securities as collateral.

Aug 11, 2020 · Debentures are bonds that are not secured by specific property or collateral.

Oct 1, 2019 · How Does Pass-Through Security Work? Mortgage-backed securities (MBS) are some of the most common pass-through securities. To get a feel for how the 'pass-through' in Pass-Through …

Nov 11, 2020 · A payout event refers to the accelerated repayment of bond principal, usually on an asset-backed security (ABS).

Oct 1, 2019 · What are Mortgage-Backed Securities (MBS)? Mortgage-backed securities (MBS) are securities that represent an interest in a pool of mortgage loans.

Sep 29, 2020 · When an asset is unencumbered, there are no limitations on its ownership. Read the full definition of unencumbered at InvestingAnswers.

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Sep 16, 2020 · How does a Credit Default Swap (CDS) work? In a credit default swap (CDS), two counterparties exchange the risk of default associated with a loan (e.g. a bond or other fixed-income …

Sep 29, 2020 · Prepayment risk is the risk that a borrower will pay off a loan earlier than expected.