CMO's

With bulk REO’s becoming a thing of the past, inventory is drying up as the major players are closing their doors.

Many investors are now turning to buying CMO’s ( Collateralized Mortgage Obligation) and are quickly reselling them or holding them in their own portfolio. These transactions are easier to handle as it is more secured and is regulated which eliminates bad brokers.

Last I heard CMO was acronym for collateralized mortage obligation. Just another financial instrument secured by mortgages.

…and the last I heard, advertising for your business was against the Forum Rules…

:wink:

Keith