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Question
As with a nonagency RMBS, a servicer is required. Name three responsibilities of a servicer.Answer
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When a trader positions the capital of the investment banking firm to take advantage of a specific anticipated movement of prices or a spread between two prices, this strategy is referred to as:a. Riskless arbitrage.b. Risk arbitrage.c. Speculation.d. Hedging.e. None of the above.
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