A specific type of bond issue secured by multiple properties or multiple units of a property. This is issued for the purposes of refinancing other existing mortgages, usually ones on the same properties.
Related information about consolidated mortgage bond:
- Consolidated Mortgage Bond Definition | Investopedia
If the properties covered by the consolidated mortgage bond are already mortgaged, the bond acts as a new mortgage. If the properties do not have outstanding ...
- Consolidated Mortgage Bond financial definition of Consolidated ...
Consolidated mortgage bond. A bond that covers several units of property, sometimes refinancing mortgages on the properties. Consolidated Mortgage Bond ...
- Mortgage Bond - Financial Dictionary - The Free Dictionary
alternative minimum tax · bond · Bono con garantia hipotecaria de primer grado · Collateral Trust Bonds · Consolidated Mortgage · Consolidated Mortgage Bond ...
- Mortgage Backed Bonds - Financial Dictionary - The Free Dictionary
alternative minimum tax · bond · Bono con garantia hipotecaria de primer grado · Collateral Trust Bonds · Consolidated Mortgage · Consolidated Mortgage Bond ...
- What is consolidated mortgage bond? definition and meaning
Definition of consolidated mortgage bond: A specific type of bond issue secured by multiple properties or multiple units of a property. This is issued for the ...
- Mortgage Bond: Definition from Answers.com
As such, these bonds enjoy a preferred position relative to unsecured bonds of the issuing corporation. See also consolidated mortgage bond; mortgage.
- mortgage Definition | Business Dictionaries from AllBusiness.com
consolidated mortgage bond. bond issue that covers several units of property and may refinance separate mortgages on these properties. The consolidated ...
- * Mortgage bond - (Business): Definition
CONSOLIDATED MORTGAGE BOND - A bond that covers several units of property, sometimes refinancing mortga... CONSOLIDATED NEXUS - is a ...