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Question
One of the three major differences in the structures of a CMBS transaction and a nonagency RMBS transaction include: ________.A) Residential mortgages impose prepayment penalties or restrictions on prepayments.
B) The role of the buyers when the structure is being created is different.
C) With residential mortgages, the loan can be transferred by the servicer to the special servicer when the borrower is in default, imminent default, or in violation of covenants.
D) All of these
Answer
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