Securitization Products definition
Securitization Products means commercial mortgage-backed securities (CMBS), commercial real estate loans (CREL), residential mortgage-backed securities (RMBS) including those structured as bonds issued by Tokutei Mokuteki Kaisha (TMK), asset-backed securities (ABS), trust beneficiary interests in CREL and other similarly securitized debt instruments, as well as direct or indirect interests in real property assets that are held through Tokumei Kumiai (TK) interests, preferred and common member interests in TMK, trust beneficiary interests or other similar rights or interests in or relating to real property related securitized products.
Examples of Securitization Products in a sentence
Except as disclosed in the MS Disclosure Letter or in connection with the exclusion of Securitization Products as part of the Pre-Closing Reorganization, MSJS is not currently conducting any business related to the origination on a principal basis of any residential mortgage related loans or the arrangement of RMBS backed by such loans originated by MSJS.