A security which is backed by a portfolio of mortgages secured against commercial properties.
Global Definitions Database
Commercial mortgage-backed securities (CMBS)
Source: INREV | Date: 26 February 2020 | ID: D0677 | Version: 2
Related
Asset-backed securities (ABS)
A security issued as part of a securitisation, which is backed by a portfolio assets, which may or may not be income generating.