All of the following describe creative financing techniques that make home ownership more affordable, except:

Question

Quizplus · Accepted Answer

Collateralized mortgage obligations (CMOs) are complex financial instruments related to the mortgage market but do not directly make home ownership more affordable for individuals. They are a type of mortgage-backed security that restructures the cash flow from the underlying mortgages to create different classes of securities with varying risk levels, rather than directly assisting buyers in financing homes.

All of the Following Describe Creative Financing Techniques That Make