CMO 1988
HANDMADE IN EUROPE
24-HOUR SUPPORT
FREE WORLDWIDE DELIVERY
GIFT-READY PACKAGING
30-DAY RETURNS
Printing & Framing
All pieces are kept in original dimensions and printed on a custom fine art paper specially developed to match the texture of the original certificate. Prints are mounted behind a premium "passe-partout" mat that adds to the visual appeal of the piece. This is a stunning method of framing and the preferred choice of most artists and galleries for this size of prints.
Our premium frames are available in black, white, natural oak, and natural wenge. Each frame is handcrafted from premium, FSC-certified hardwood and glazed with museum-grade protective acrylic glass to ensure longevity. All pieces arrive with pre-installed hanging hardware for easy installation. Frames feature an elegant 0.6" (15mm) profile and measure 18.5" x 13.8" (47cm x 35cm).
Shipping & Returns
Our pieces are made to order and assembled by hand, so please allow a few days for us to complete your order. You'll receive a shipping confirmation with tracking details from us as soon as your order has shipped.
All orders are shipped using premium couriers to ensure speedy and careful delivery. Please see approximate delivery times below. If you'd like a more precise estimate, please reach out and we'll be happy to help you.
Standard delivery: 3 to 5 business days
Express delivery: 1 to 2 business days
We offer a 30-day return policy on all standard orders. If you'd like to make a return, or if your piece arrives in anything other than perfect condition, please let us know, and we will repair or replace the piece! Unfortunately, we are unable to accept returns of personalized items.
THE COLLATERALIZED MORTGAGE OBLIGATION
Salomon Brothers and First Boston engineered collateralized mortgage obligations (CMOs) in the early 1980s to provide a new source of funding for the mortgage market. Traditional mortgage-backed securities (MBS) were ill-received by investors due to their unpredictable cash flows. By creating CMOs, these banks were able to package and sell mortgage securities in a more predictable and flexible way that met the needs of a wider range of investors.
One of the key players in the growth of CMOs was Freddie Mac, a government-sponsored enterprise created to provide liquidity to the mortgage market. Freddie Mac was a major purchaser of CMOs, and by the mid-1980s, it had become the largest buyer of these securities. The growth of the CMO market allowed Freddie Mac to expand its operations and provide more funding to mortgage originators, which in turn helped to spur the growth of the overall mortgage market.
Freddie Mac played a critical role in the standardization of CMOs. In the early years of the market, there was no standardized way of structuring these securities, and each investment bank had its own unique way of creating CMOs. Freddie Mac worked with investment banks to develop a standardized set of rules for creating CMOs, which helped to make the market more transparent and easier for investors to understand.
The re-emergence of the CMO market in recent years has been driven in part by changes in the mortgage market. In the years following the financial crisis of 2008, the US government took steps to shore up the mortgage market, which has made it a safer place to invest. In addition, the Federal Reserve's low-interest-rate policy has driven investors to seek out higher-yielding securities, which has led to a renewed interest in CMOs.
Choose Options
Trusted by Leading Organizations.
True to the Original.
Our reproduction experts utilize cutting-edge technology to make sure each print looks exactly like the original certificate. This includes a custom fine art paper specially developed to match the texture of the original certificates so you can enjoy the vintage charm of these rare pieces without the hefty price tag or the hassle of auction.
Built to Last a Lifetime.
We visited every corner of the print world in search of the highest quality materials and stopped at nothing to create the best framed product on the market. Reproduced by leading reproduction experts, printed on fine art paper using premium pigment inks, and framed by hand, the result is a museum-grade product guaranteed to last for more than 50 years.
Frequently Asked Questions
No, we sell museum-grade reproductions ("prints") so you can access these historic designs without the hefty price tag or the hassle of auction.
Yes, we offer a personalization service that allows you to add your name to our historic pieces. All customizations are printed in the exact style and position of the original, ensuring your personalized certificate retains its authentic vintage appearance. Check out our Personalizable Collection for customizable prints.
Yes, we offer progressive volume discounts on all orders of more than one item. Simply add the desired number of products to your cart to automatically activate the applicable discount or check out our popular Office Bundles.
For collaborations and orders of 10+ items, please get in touch through our Contact Page to learn about our Trade Program and access bulk pricing.
Yes, we don’t include invoices or any indication of price in our packaging. Each item is packed in branded materials with a quality certificate and logo stickers for a premium unboxing experience that makes our pieces very suitable as gifts.
