Examlex
According to the text,which group of assets increased the most in percentage terms from 1991 to 2001?
Tranches
Portions or slices of debt or securities that are structured to divide risk or return in a way that is marketable to different investors.
Credit Risk
Credit risk refers to the possibility that a borrower will default on a loan by failing to make the necessary payments.
Seniority
The order of repayment in the event of a sale or bankruptcy, with higher seniority debts being repaid before those of lower seniority.
Mortgage Pass-through Agency
A financial entity that aggregates mortgage loans and creates pass-through securities representing interests in those loans.
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