Few securitization transactions that employ internal credit enhancements follow a predetermined schedule that prioritizes the manner in which principal and interest generated by the underlying collateral must be used.

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Few securitization transactions that employ internal credit enhancements follow a predetermined schedule that prioritizes the manner in which principal and interest generated by the underlying collateral must be used. This statement is false because such transactions typically have predetermined schedules for the allocation of principal and interest.

Few Securitization Transactions That Employ Internal Credit Enhancements Follow a Predetermined