A CRT vehicle can result in either the transfer of the credit risk from one bank to another or from a bank to a nonbank entity.

Name: A CRT vehicle can result in either the transfer of the credit risk from one bank to another or from a bank to a nonbank entity.
Brand: Quizplus
Rating: 5.0 (49 reviews)

Question

Quizplus · Accepted Answer

A CRT (credit risk transfer) vehicle is designed to shift the credit risk from one entity to another, which can be another bank or a nonbank entity. Therefore, the statement is true.

A CRT Vehicle Can Result in Either the Transfer of the Credit