The Federal National Mortgage Association reduced interest rates on mortgages relative to other securities in the mid-eighties by issuing:
A) CMOs
B) passthroughs and MBBs
C) CMOs and passthroughs
D) MBBs and CMOs
Correct Answer:
Verified
Q15: 10-12.To be successful,MRSs need:
A) to avoid double
Q16: 10-18.The investor is said to have an
Q17: 10-19.Mortgage-related securities that promise payments similar to
Q18: 10-17.Players that facilitate transactions in the secondary
Q19: With the secondary mortgage market,the number of
Q21: 10-30.Mortgage related securities that offer cash flows
Q22: 10-27.Prior to the secondary mortgage market it
Q23: 10-25.The secondary mortgage market is one in
Q24: 10-24.In 1938 Congress established as a subsidiary
Q25: 10-31.The mortgage-related security that goes the furthest
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