Which One of the Following Correctly Applies to a Mortgage

question 49

Multiple Choice

Which one of the following correctly applies to a mortgage passthrough bond?

• A)The primary collateral for the bond is the underlying pool of mortgages.
• B)All interest received is immediately passed through while principal payments are held until the bond matures.
• C)Each bond represents one home mortgage.
• D)These bonds are created via a process known as mortgage collaring.
• E)All of these bonds are guaranteed by the full faith and credit of the U.S. government.

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Definitions:

Corporate Communications

The practice of managing and coordinating all internal and external communications aimed at creating favorable point of view among stakeholders on which the company depends.

Employee Volunteer Programs

Initiatives set up by organizations to encourage and support their employees in contributing time and effort to volunteer activities.

Corporate Service Engagements

Activities and projects undertaken by a corporation to provide assistance or services to its clients or communities, often as part of corporate social responsibility efforts.

Investor Relations Professional

An individual responsible for managing communications and relationships between a company and its investors, ensuring accurate and timely information distribution.