Which pass-through security is backed by mortgages that are insured through private insurance companies?
A) Ginnie Mae mortgage-backed securities
B) Fannie Mae mortgage-backed securities
C) publicly issued pass-through securities (PIPs)
D) shared appreciation pass-through securities
Correct Answer:
Verified
Q18: "Securitization" refers to the private insurance of
Q21: Regardless of what happens to market interest
Q23: _ mortgages enabled more people with relatively
Q26: Mortgage lenders normally charge a higher initial
Q28: A financial institution may service a mortgage
Q31: A _ mortgage allows borrowers to initially
Q33: Which of the following is not a
Q37: The credit crisis is mostly attributed to
Q39: Mortgage-backed securities are subject to
A)interest rate risk.
B)credit
Q41: The higher the level of equity invested
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents