web stats Web Analytics by Logaholic
Real Estate Research starts here! | International Commercial Property | Commercial Law Firms | International Real Estate |      Jan 17, 2019

Information on a Country

Go to the Real Estate Bookstore

Keep Current
FT Property Company News
FT Global Property News
Property Week Global
Property Investor Europe
Real Estate Defined Blog

Associated Sites
Real Estate Terms
Real Estate Defined

Real Estate Definitions

Argentina - Australia - Austria - Bahamas - Bahrain - Belgium - Brazil - Bulgaria - Canada - Channel Islands - China (PRC) - Croatia - Cyprus - Czech Republic - Denmark - Egypt - England, Wales & N.I. - Estonia - Finland - France - Germany - Greece - Hong Kong - Hungary - Iceland - India - Indonesia - Ireland - Israel - Italy - Japan - Korea South - Latvia - Lithuania - Luxembourg - Malaysia - Malta - Mauritius - Mexico - Montenegro - Morocco - Netherlands - New Zealand - Norway - Poland - Portugal - Qatar - Romania - Russia - Saudi Arabia - Scotland - Serbia - Singapore - Slovakia - Slovenia - South Africa - Spain - Sweden - Switzerland - Taiwan - Turkey
Ukraine - United Arab Emirates
United States

Return to list of New Terms

The packaging of a number of existing securitized debt obligations into a new tradable security. Securitized debt obligations may be packaged together either as a collection of similar obligations (collateralized mortgage obligations (CMOs), real estate mortgage investment conduits (REMICs), or commercial mortgage-backed securities (CMBSs)), or in the form of a diversified or mixed class of obligations (credit card loans and mortgage loans). As a rule classes of assets or loans are kept together to assist risk assessment, but creating ‘multisector’ pools of structured assets in order to provide diversification has become more prevalent. A pool of securitized debts is generally referred to as a collateralized debt obligation (CDO), although a multisector securitized pool of debts is also a CDO. Nearly all forms of asset-backed securities (ABSs) and mortgaged-backed securities (MBSs) have found their way into resecuritized CDOs. See also mortgage-backed obligation/mortgage-backed security, securitization.

    Terms in bold are defined elsewhere in the Encyclopedia.

    Return to the Sample Terms