CMBS definition

CMBS. Commercial mortgage-backed securities.

CMBS means commercial mortgage-backed securities.

CMBS means mortgage pass-through certificates or other securities issued pursuant to a securitization of commercial real estate loans.

Examples of CMBS in a sentence

• Each TALF Agent shall complete the Loan Request in accordance with instructions provided by Custodian from time to time, in the form attached hereto as Appendix 3A or, in the case of a Loan to be secured by CMBS Collateral, Appendix 3B.

• For purposes of this Exhibit D, AUM shall mean the current face amount of the CMBS, including unsettled trades and TBA's, and not to be reduced by the unsettled current face sold as part of dollar roll transactions.

• The CMBS rates shall be the rates listed in the edition of the Commonwealth Medicare Benefits Schedule book in force at the time a service is provided.

• The FRBNY may establish a policy for managing counterparty credit exposure arising from the forward settlement of Agency CMBS trades undertaken for the Account, and if so, will communicate such policy to the Manager and the other managers providing investment management services to the FRBNY in respect of Agency CMBS.

• The Manager's sole authority with respect to the Account is to enter into transactions (buy or sell) involving U.S. dollar denominated Agency CMBS.

More Definitions of CMBS

CMBS means pass-through certificates representing beneficial ownership interests in one or more first lien mortgage loans secured by commercial and/or multifamily properties, regardless of rating.

CMBS means, in the singular or plural as the context requires, securities backed by mortgages and other liens on commercial real estate and related collateral or by securities, interests or other obligations backed directly or indirectly by such mortgages.

CMBS means Commercial Mortgage Backed Securities.

CMBS means securities (other than any commercial loan or participation interest in a commercial loan) that entitle holders to receive payments that depend (except for rights or other assets designed to assure the servicing or timely distribution of proceeds to holders of such securities) on the cashflows from a commercial mortgage loan or a pool of commercial mortgage loans.

CMBS means commercial mortgage backed securities. “Code” means the Internal Revenue Code of 1986.

CMBS means commercial mortgage backed security.

CMBS means commercial mortgage backed securities. “CME” means the Chicago Mercantile Exchange. “CMOs” means collateralized mortgage obligations. “Code” means the Internal Revenue Code of 1986. “CPR” means constant prepayment rate.