10-26.The term,mortgage-related security,refers to:
A) collateral securities
B) mortgages originated by thrifts
C) securities backed up by mortgages
D) thrift securities
Correct Answer:
Verified
Q29: 10-28.The secondary mortgage market developed because it
Q30: 10-36.Government Sponsored Enterprises refers to:
A) FNMA and
Q31: 10-40.Desirable characteristics of mortgage-related securities include:
A) credit enhancement
B) rearrangement
Q32: 10-34.Congress passed the Housing and Urban Development
Q33: 10-29.Investors are attracted to pass-through securities because:
A)
Q35: 10-35.The agriculturally related system that merged into
Q36: 10-22.In 1938 Congress established as a unit
Q37: 10-39.The purpose of Housing Finance Agencies (HFAs)is
Q38: 10-32.A secondary mortgage market transaction that occurs
Q39: 10-38.An agency that extends loans to rural
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