Collateralized Mortgage Obligations definition
Examples of Collateralized Mortgage Obligations in a sentence
The Bonds shall be designated generally as the "Collateralized Mortgage Obligations" of the Issuer, or such other designation specified in the related Terms Indenture, with such further particular designations added or incorporated in such title for any Series or Class as the Issuer may determine.
The Bonds may, as provided herein, at the election of and as authorized by the Board of Directors, be issued in one or more Series, each of which Series may consist of only one Class of Bonds or may be divided into two or more Classes, and shall be designated generally as the "Collateralized Mortgage Obligations" of the Issuer, with such further particular designations added or incorporated in such title for the Bonds of any particular Series or Class as the Board of Directors may determine.
Obligations of any entities other than those specified in paragraphs A.1 through A.3 above, including mortgage pass-through, asset-backed securities, Collateralized Mortgage Obligations (C.M.O.'s) or Real Estate Mortgage Investment Conduits (R.E.M.I.C's); provided that all obligations described in this paragraph A.4 shall be further subject to the provision of paragraph A.6 below.
The Issuer has duly authorized the execution and delivery of this Indenture to provide for one or more series (a "Series") of its Collateralized Mortgage Obligations ("Bonds"), issuable as provided in this Indenture.
The Issuer has duly authorized the execution and delivery of this Indenture to provide for its Collateralized Mortgage Obligations, Series 1997-NMC1 (the "Bonds"), issuable as provided in this Indenture.
The Bonds shall be designated generally as the "Collateralized Mortgage Obligations, Series 1997-NMC1" of the Issuer.
The Issuer has duly authorized the execution and delivery of this Indenture to provide for its Collateralized Mortgage Obligations, Series 1998-NMC1, which will consist of four classes of bonds (collectively the "Bonds"), designated and issuable as provided in this Indenture.
The Issuer has duly authorized the execution and delivery of this Terms Indenture to provide for the issuance of $__________ in aggregate Principal Amount of its Collateralized Mortgage Obligations, Series 199_-_ (the "Bonds").
Security Descriptions 14 - 30 U.S. Gov't and Gov't-backed Agency Securities U.S. Gov't and Agency Repurchase Agreements Agency/Gov't Securities (not backed by the U.S. Gov't) Bankers Acceptances Taxable Commercial Paper Tax-Exempt Commercial Paper Domestic Certificates of Deposit Tax-Exempt Floating Rate Notes & Bonds Municipal Bonds Auction Rate Securities Remarketed Preferred Stock Money Market Funds Corporate Bonds Mortgage-Backed Securities Collateralized Mortgage Obligations Asset-Backed Securities C.
With that in mind, the following diversification restrictions apply: • Treasury and Agency securities, Treasury and Agency Money Market Funds, Agency Mortgage‐Backed Securities (MBS), Agency Commercial Mortgage‐Backed Securities (CMBS), Agency Collateralized Mortgage Obligations (CMO) and Notes whose principal and interest payments are fully insured by the FDIC and Treasury and Agency Collateralized Repurchase Agreements must in total be at least 25% of the Portfolio.