An Industry Group That Is Generally a Public Relations Organization

question 33

Multiple Choice

An industry group that is generally a public relations organization founded by and funded by a corporation that operates in a specific industry

• A) trade association
• B) government organization
• C) professional association
• D) religious organization

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Definitions:

Mortgage Pass-Through Securities

Investment products that pool mortgage loans and pass the principal and interest payments from borrowers to investors periodically.

Mortgage Portfolio

A collection of mortgage loans held by a financial institution or investor.

Credit Swap

A financial derivative contract allowing two parties to exchange streams of interest payments or commodity flows for a set period, based on a predetermined notional principal amount.

Mortgage-Backed Securities

These are bonds secured by home and other real estate loans. They are created by pooling mortgages and then selling interests in that pool to investors.