Solved

Which One of the Following Correctly Applies to a Mortgage

Question 40

Multiple Choice

Which one of the following correctly applies to a mortgage passthrough bond?


A) The primary collateral for the bond is the underlying pool of mortgages.
B) All interest received is immediately passed through while principal payments are held until the bond matures.
C) Each bond represents one home mortgage.
D) These bonds are created via a process known as mortgage collaring.
E) All of these bonds are guaranteed by the full faith and credit of the U.S. government.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents