The revenues associated with servicing loans include all except:
A) the servicing fee
B) the float on escrow accounts
C) the float between the receipt of monthly payments and the payment of proceeds to the purchaser of the loans
D) the administrative and overhead costs associated with servicing the pool
Correct Answer:
Verified
Q6: 11-11.For traditional debt securities which of the
Q7: Which is true?
A) the value of a
Q8: 11-15.Which of the following is true?
A) even
Q9: For a pool of mortgages (with no
Q10: 11-12.For premium passthrough securities,which of the following
Q12: 11-16.Which of the following is false?
A) for
Q13: 11-19.The CPR of passthroughs refers to:
A) coupon
Q14: The value of a PO will fall
Q15: 11-17.The current industry standard for the model
Q16: 11-14.Servicing a pool of loans may NOT
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