You own a(n)________ certificate,which is a certificate that represents a portion of ownership in a pool of federally insured mortgages.

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A pass-through certificate represents a portion of ownership in a pool of federally insured mortgages. The certificate holders receive a pro-rata share of any principal and interest payments made on the mortgages in the pool. The term "pass-through" refers to the fact that the monthly payments from the mortgage borrowers "pass through" the pool to the certificate holders.

You Own A(n)________ Certificate,which Is a Certificate That Represents a Portion