One advantage of asset securitization to a bank is the ability to originate new assets before the original assets have matured.
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Q32: Early prepayments on mortgages backing a CMO
Q33: All else equal, once a mortgage pool
Q34: Prepayment models are attempts by professional mortgage
Q35: The call option held by the residential
Q36: Prepayment risk means that realized cash flows
Q38: The ability to refinance a mortgage with
Q39: A bad news effect of increased mortgage
Q40: CMOs are typically created from existing GNMA
Q41: At market rates substantially below the mortgage
Q42: The prepayment model developed by the Public
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