Securitization is a vehicle for raising funds directly in the public market without the need for a financial ________. That is, securitization is said to result in ________.
A) liaison; accounting discrimination
B) advisor; accounting disintermediation
C) go-between; financial interpretation
D) intermediary; financial disintermediation
Correct Answer:
Verified
Q17: In creating the various bond classes (or
Q18: In regards to credit card receivable-backed securities,
Q19: In regards to auto loan-backed securities, which
Q20: The responsibilities of the _ are to
Q21: Few securitization transactions that employ internal credit
Q23: In a securitization, a variety of third
Q24: If there are a few borrowers in
Q25: External credit enhancements come in more complicated
Q26: Which of the below statements is FALSE?
A)
Q27: Uncommon forms of internal credit enhancement are
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