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Question
When evaluating an investment in mortgage pass-through securities, several important characteristics of the underlying mortgage pool should be considered. Which of the following is NOT an important characteristic?A. The amount of overcollateralization of the mortgage pool
B. The geographic distribution of the mortgages
C. The amount of seasoned mortgages included in the pool
D. None of the above are important in the evaluation of mortgage pass-through securities
Answer
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Related questions
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The standard PSA prepayment curve referred to in (TF 18-19) is known as a 1 percent PSA.
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Which of the following developments assured mortgage investors that they would receive interest and principal payments at little or no risk?
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Developers usually holdback about ___ percent of each progress payment.
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Which of the following is NOT a benefit to Refinancing?
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Which of the following is FALSE concerning Negative Amortization:
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Which of the following is TRUE regarding the incremental Cost of Borrowing :
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Which loan is a FRM? A. Loan 1
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One of the following is not tax deductible for homeowners:
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When considering the federal income tax treatment for housing, the following is tax deductible:
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