All Else Equal, Once a Mortgage Pool Has Aged, Prior

question 102

True/False

All else equal, once a mortgage pool has aged, prior prepayments of mortgages in the pool have no bearing on the current value of the pool or the future prepayment rates of mortgages left in the pool.

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Definitions:

Equal Employment Opportunity Commission

A federal agency tasked with enforcing laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex (including pregnancy, transgender status, and sexual orientation), national origin, age (40 or older), disability or genetic information.

Civil Rights Act of 1964

Landmark U.S. legislation that outlawed discrimination based on race, color, religion, sex, or national origin, especially in the areas of employment and public accommodations.

Civil Rights Act

Landmark legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin, primarily associated with the Act of 1964.

Sex stereotyping

Holding people to traditional expectations and behaviors based on their gender, which can result in discrimination and unfair treatment.