Which of the Following Both Provide Credit Enhancement to a True-Sale

question 80

Multiple Choice

Which of the following both provide credit enhancement to a true-sale securitization?

• A) reserve account and third-party insurance
• B) subordinated tranches and creditworthiness of the originator
• C) creditworthiness of the originator and third-party insurance
• D) reserve account and interest rate hedging

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Definitions:

Corporate Directors

Members of a company's board of directors, elected by shareholders, responsible for overseeing the management and making key decisions affecting the company's direction.

Capital Budgeting

A process that companies use to evaluate and select long-term investments based on their potential to generate profit.

Corporate Organizational Structure

Corporate Organizational Structure defines how activities such as task allocation, coordination, and supervision are directed towards the achievement of organizational aims.

Vice President

An officer in a government or business organization ranking below a president or chief executive officer.