Series 24: 3.6.2.3.4. Collateralized Mortgage Obligations (CMOs)

Taken from our Series 24 Online Guide

3.6.2.3.4. Collateralized Mortgage Obligations (CMOs)

CMOs are highly risky debt instruments backed by a pool of mortgage pass-through securities or mortgage loans. All advertisements, sales literature, and correspondence concerning CMOs:

• Must include in the name of the offered product the term “collateralized mortgage obligation”

• May not compare CMOs to any other investment vehicle

• Must disclose that a government agency backing applies only to the face value of th

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 3.6.2.3.4. Collateralized Mortgage Obligations (CMOs), you might also be interested in:

Series 51 - Breakpoint Sales

Series 66 - 3.7.3.5 Sales Charge

Series 65 - 5.2. Client Profiles

Series 65 - Corporate Tax Rates

Series 51 - Rule G-12—Uniform Practice Rules

Series 53 - Exercise

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I stuck to the outline day by day and it really helped me with sticking to a routine and curriculum. I passed the Series 24 on my 1st try! Would definitely recommend this to anyone in the Securities Industry.

Rima Mehta, PNC Investments, Charlotte, NC

3rd time is a charm and it took Solomon to do it. None of the other materials in my first two attempts were strong enough to enable me to reason my way to the correct answers. Solomon's angle on this material was closest to the actual test and was the reason I got there.

As an aside, the ongoing personal help was very surprising and commendable. Thank you, Solomon!

Jason Bowen, Southington, CT

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY

Just passed the Series 24 on my first attempt. Not an easy exam so put the time in. I used the Video Lectures and the Exam Simulator from Solomon. Great resources of information!

Shawn McClain, Natixis, Charlotte NC

I had tried another learning system before Solomon and walked into the Series 24 unprepared and subsequently failed. After using the Solomon system for three weeks, taking full advantage of the app on my cell phone I walked into my second attempt very prepared for the type of questions I was going to see. Not only did I pass, I did so with confidence. Thanks so much Solomon!

Steven Eisner, Penn Mutual/HTK, Hauppauge, NY

I studied for the Series 24 for two and a half months. I thank God for his grace passed on the first attempt. The exam simulator is superb, it's projection of readiness to sit for an exam is spot on. All the feedback I received on how difficult the test was proved to be very helpful. As a result I over studied and followed the recommended study plan step by step which was key. Thanks again Jeremy and team, Solomon exam prep is the best ;)

Nikita Brown, BMI. Atlanta, GA

Solomon Exam Prep has moved to Pass Perfect! Contact support to move your account →

Series 24: 3.6.2.3.4. Collateralized Mortgage Obligations (CMOs)

Taken from our Series 24 Online Guide

3.6.2.3.4. Collateralized Mortgage Obligations (CMOs)

Since you're reading about Series 24: 3.6.2.3.4. Collateralized Mortgage Obligations (CMOs), you might also be interested in:

Ask the Professor

Thanks for being part of the Solomon community!

All securities exam prep and IAR CE courses must now be purchased
at Pass Perfect. Go now →