An instrument that partitions the principal cash flow from a pool of mortgages or mortgage-backed securities into maturity classes is called a:
A) REMIC
B) CMS
C) VRM
D) GPM
E) None of the above
Correct Answer:
Verified
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Q93: REMICs are a type of:
A) Apartment mortgage
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Q96: The loan mortgage debt outstanding in the
Q97: The Federal Home Loan Bank (FHLB) system
Q98: Like the Federal Housing Administration (FHA), the
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