There are three principal mortgage backed Securitization: mortgage pass through security, collateralizedmortgageobligations, stripped mortgage-backed securities.
住房抵押贷款证券化产品主要有三种形式:过手抵押贷款证券、担保抵押贷款证券、本息剥离抵押贷款证券。
2
These securities are collateralized debt obligations backed by subprime-mortgage bonds, commercial-mortgage loans and other assets.
CDO以次级抵押贷款债券、商业抵押贷款证券和其他资产作为担保。
3
So investment banks took their enormous capital and at first packaged yield-enhanced, subprime mortgage loans into complex derivatives such as collateralized debt obligations (CDOs).