A pass-through security is a mortgage on which the borrower has failed to make principal and interest payments as agreed.

Name: A pass-through security is a mortgage on which the borrower has failed to make principal and interest payments as agreed.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

A pass-through security is a type of investment where the cash flows from a pool of underlying assets, typically mortgages, are passed directly to investors. It does not specifically refer to a mortgage on which the borrower has failed to make payments.

A Pass-Through Security Is a Mortgage on Which the Borrower