When a mortgage is included in a pool of mortgages that is used as collateral for a mortgage pass-through security, the mortgage is said to be:
A) Securitized.
B) Collateralized.
C) Guaranteed.
D) Standardized.
E) Stripped.
Correct Answer:
Verified
Q3: With asset securitization more than one institution
Q4: In response to the Great Depression and
Q5: The agency charged with the responsibility to
Q6: Fannie Mae, Ginnie Mae, and Freddie Mac
Q7: Freddie Mac and Fannie Mae created mortgage
Q9: The cash flows of a mortgage pass-through
Q10: The pass-through securities issued by Ginnie Mae,
Q11: The security issued by Freddie Mac is
Q12: Non-agency mortgage pass-through securities are supported by
Q13: Prepayment risk, which is associated with the
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