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Commercial Mortgage-Backed Security
(redirected from Collateralized Mortgage-Backed Security)

   Also found in: Wikipedia 0.01 sec.
Commercial Mortgage-Backed Security
A mortgage-backed security in which the mortgages on commercial building, offices, factories, apartments, and other buildings other than single-family homes collateralize the security. Unlike most other mortgage-backed securities, the structure of a CMBS is not standardized and as a result, it is difficult to assess its risk. It is also called a collateralized mortgage-backed security.


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