HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » RealEstate » calamity call

Calamity Call

Definition
A Collateralized Mortgage Obligation (CMO) clause that limits reinvestment risk to the issuer. A portion of the CMO is retired if there is not enough cash flow to make the payments scheduled for interest and principle. Also called clean-up call.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.