Trading Glossary Cmo Reit type real estate investment trust

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Trading Glossary: CMO REIT

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Term:

CMO REIT

Definition:

A very risky Type of Real Estate Investment Trust investing in the residual Cash flows of Collateralized Mortgage Obligation (CMOs). CMO cash_flows are derived from the difference between the rates paid by the mortgage Loan holders and the lower, shorter-term rates paid to CMO investors.

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02/08/2012 - SV1n