Servicing a pass-through security refers to
A)an FI processing of all payments.
B)an FI provision of clearing services to set up the pass-through.
C)broker/dealer services provided by the FI to the ultimate holders of the pass-through.
D)guarantee by the FI of all principal and interest payments.

Question

Quizplus · Accepted Answer

Servicing a pass-through security involves the financial institution (FI) processing all payments, including collecting payments from borrowers and distributing them to investors.

Servicing a Pass-Through Security Refers to