Commercial Mortgage-Backed Security


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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.
References in periodicals archive ?
Stewart's background in the commercial mortgage-backed security market, and his expertise in credit and risk analysis, make him a natural fit for our Structured Securities Group," said Mike Dunlop, Senior Vice President of 40|86 Advisors.
which will increase its portfolio size to over $70 billion, consisting primarily of commercial mortgage-backed security pools.

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