Which of the Following Is NOT a Factor That May

question 67

Multiple Choice

Which of the following is NOT a factor that may cause the prepayment risk on a pool of mortgages to differ from the PSA's assumed pattern?

• A)The age of the mortgage pool.
• B)Geographic location.
• C)Seasons in the year in which the mortgage was originated.
• D)Full or partial amortization of the payments.
• E)Assumability of mortgages in the pool.

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Definitions:

Republican Party

One of the two major contemporary political parties in the United States, traditionally supporting smaller government and conservative policies.

Populist Party

A political party in the United States in the late 19th century that represented the interests of farmers and laborers.

Small Farmers

Individuals who own and operate smaller plots of land, primarily for the cultivation of crops and raising livestock, often for family consumption and local markets.

Whig Party

A political party active in the mid-19th century United States, advocating for federal government involvement in the economy and opposed to the Democratic Party's policies.