A Mortgage-Backed Security Is a Bundle of Hundreds of Mortgages

question 146

True/False

A mortgage-backed security is a bundle of hundreds of mortgages which represents a claim on the monthly payments made on those mortgages.

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Definitions:

Communication Deviance

A pattern of speech that is unclear, vague, or tangential, often associated with an increased risk of schizophrenia in family studies.

Treatment

Interventions or procedures designed to relieve or heal a disorder, disease, or condition.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating markedly from those accepted by the individual's culture.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.