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.
Related information about calamity call:
- Calamity Call Definition | Investopedia
A call feature of a Collateralized Mortgage Obligation (CMO) designed primarily to reduce the issuer's reinvestment risk. If the cash flow generated by the ...
- Calamity Call: Definition from Answers.com
Calamity Call Clause in a Collateralized Mortgage Obligation (CMO) requiring the issuer to retire a portion of the CMO issue on a monthly basis if prepayments.
- What is calamity call? definition and meaning
Definition of calamity call: A Collateralized Mortgage Obligation (CMO) clause that limits reinvestment risk to the issuer. A portion of the CMO is retired if there is ...
- C - Municipal Securities Rulemaking Board
CALAMITY CALL or REDEMPTION – See: REDEMPTION PROVISIONS. CALL – See: REDEMPTION. CALLABLE BOND – A bond that the issuer is permitted or ...
- The End of an Era - The Burial of Calamity Call 4 - YouTube
Aug 5, 2011 ... Tonight we pay tribute to one of the most well known, most star studded and one of the true greats of FMRW, who met its dramatic end a few ...
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Vocabulary words for Series 7 (chapter 3). Includes studying ...
- What is CALL-BACK PAY? - The Law Dictionary
CONFERENCE CALL, CALAMITY CALL, CONTRACT OF EMPLOYMENT, CONTINGENT WORKER, CALL OUT, CALL ON A PUT, CALL ON A CALL, CALL IN, ...
- What is CLEANUP CALL? - The Law Dictionary
CALL PRIVILEGE, CALL PRICE, CLEANUP FUND, CALL RISK, CLEANUP PERIOD, CALAMITY CALL, CLEANUP, CALL PROTECTION, CALL PREMIUM, ...