# Commercial mortgage-backed securities (CMBS)

> Pooled commercial loans securitised into bonds.

**Canonical URL:** https://classa.info/glossary/cmbs
**Page type:** glossary
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Pooled commercial loans securitised into bonds.
- Standard non-bank financing source for Class A US assets.

## Key facts
- **category**: Finance
- **regionScope**: US

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Citation: Source: Class A Atlas (https://classa.info/glossary/cmbs), updated 2026-04-01T00:00:00.000Z.