Question

Servicing a pass-through security refers to

A. an FI processing of all payments.

B. an FI provision of clearing services to set up the pass-through.

C. broker/dealer services provided by the FI to the ultimate holders of the pass-through.

D. guarantee by the FI of all principal and interest payments.

E. an FI provision of liquidity services to the ultimate holders of the pass-through.

Answer

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