What Is a Collateralized Mortgage Obligation (CMO)

question 7

Essay

What is a Collateralized Mortgage Obligation (CMO)?

---

Definitions:

Macrostructures

Overarching patterns of social relations that lie outside and above one’s circle of intimates and acquaintances. Macrostructures include classes, bureaucracies, and power systems such as patriarchy.

Macrostructures

Large-scale social structures that influence or determine patterns and behaviors within a society, such as class hierarchies, power systems, and institutional frameworks.

International Organizations

Entities formed by treaties between sovereign states that work together to promote international cooperation, peace, and development.

Brym and Lie

Authors known for their contributions to sociology, particularly in understanding social structures and dynamics through their writings and research.