What's New at CFI: What's New CFI: Collateralized Mortgage Obligations (CMOs)
In this conversation, Meeyeon and Ryan discuss collateralized mortgage obligations (CMOs), exploring their structure, relevance, and the impact of the Global Financial Crisis. They delve into the customization of CMOs for different investor risk profiles and the role of special purpose vehicles (SPVs) in isolating mortgage assets. The discussion highlights the importance of financial education in understanding these complex financial products and their evolution since the financial crisis.