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An asset-backed security (ABS) is a security whose income payments, and hence value, are derived from and collateralized (or "backed") by a specified pool ...
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A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages.
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Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security backed by commercial and multifamily mortgages rather than residential ...
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Sets forth the responsibilities of both issuer and document custodian. This agreement covers each pool or loan package that is (a) covered by a Schedule of ...
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