When Evaluating an Investment in a Mortgage Pass-Through Security, Which

question 13

Multiple Choice

When evaluating an investment in a mortgage pass-through security, which of the following is NOT one of the characteristics of the underlying mortgage pool that should be considered?

• A) The amount of overcollateralization of the mortgage pool
• B) The geographic distribution of the mortgages
• C) The amount of seasoned mortgages included in the pool
• D) None of the above should be considered.