Collateralized Mortgage Obligations, or CMOs, are a type of mortgage-backed security. Thousands of individual mortgages are pooled together into classes, or tranches, and categorized by their risk ...
This note provides an update to “Collateralized Transactions: Key Considerations for Public Lenders and Borrowers” prepared by the IMF and the World Bank (2020) in response to a request from the G20 ...
A portion of their portfolio will buy the loans directly so that XFLT gets the full benefit and risk of owning the loan. XFLT also invests using the CLO (Collateralized Loan Obligation) structure. A ...