Mortgage Cash Flow Obligation

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Definition: Mortgage Cash Flow Obligation

Mortgage Cash Flow Obligation

Quick Summary of Mortgage Cash Flow Obligation

An obligation bond that combines the cash flow from a pool of mortgages and uses the revenue to repay investors their mortgage principal and interest; the MCFO does not hold a lien on the properties but is required by contract to meet its obligations.

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Sources

Synonyms For Mortgage Cash Flow Obligation

MCFO

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https://payrollheaven.com/define/mortgage-cash-flow-obligation/
Modern Language Association (MLA):
Mortgage Cash Flow Obligation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/mortgage-cash-flow-obligation/.
Chicago Manual of Style (CMS):
Mortgage Cash Flow Obligation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/mortgage-cash-flow-obligation/ (accessed: April 20, 2024).
American Psychological Association (APA):
Mortgage Cash Flow Obligation. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/mortgage-cash-flow-obligation/

Definition Sources

Definitions for Mortgage Cash Flow Obligation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.