Definitions for "CMBS"
Commercial Mortgaged Backed Securities
Refers to Commercial Mortgage Backed Securities. These securities are verisimilar to Mortgage Backed Securities in terms of structure, flexibility, and variety of tranches or tiers. The key difference is that CMBS are collateralized by commercial properties and not residential mortgages.
a bond or other financial obligation secured by a pool of mortgage loans.
Collision Mitigation Brake System