CMBS definition

CMBS. Commercial mortgage-backed securities.

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

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.

Examples of CMBS in a sentence

• We may also invest in commercial real estate-related debt securities (including commercial mortgage-backed securities, or CMBS, collateralized debt obligations, or CDOs, and REIT senior unsecured debt) and other real estate-related assets.

• Questions regarding the Certificate Administrator’s Website can be directed to the Certificate Administrator’s CMBS customer service desk at (000) 000-0000.

• Questions regarding the Certificate Administrator’s Website can be directed to the Certificate Administrator’s CMBS customer service desk at (000) 000-0000 or such other number as the Certificate Administrator may hereinafter specify.

• The value of CMBS also may change due to shifts in the market’s perception of issuers and regulatory or tax changes adversely affecting the mortgage securities markets as a whole.

• For CMBS and CDOs, the securitization process is governed by one or more of the rating agencies, including Fitch, Moody’s and Standard & Poor’s, who determine the respective bond class sizes, generally based on a sequential payment structure.

More Definitions of CMBS

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 mortgage-backed securities that are secured by interests in a single commercial mortgage loan or a pool of mortgage loans secured by commercial properties.

CMBS means a security issued as part of a securitisation of a pool of receivables at least 50 per cent. of which are commercial mortgage receivables or as so designated by the Rating Agencies.