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When Mortgage Loans Are Securitized, They Are

Question 113

Multiple Choice

When mortgage loans are securitized, they are


A) guaranteed by the federal government.
B) insured by the government agencies Fannie Mae and Freddie Mac.
C) issued as adjustable-rate mortgages with guaranteed interest rate for the first five years.
D) pooled and sold to investors as mortgage-backed securities.

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