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 ?
Diamond has been heavily involved in the youthful yet booming commercial mortgage backed security ratings market since its infantile stages.
Does any one remember mid-1998 when the Commercial Mortgage Backed Security market (CMBS) dried up?

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