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:

Confederate Army

The military force of the Confederate States of America during the American Civil War (1861-1865), fighting to maintain the institution of slavery and secede from the United States.

Rate of Desertion

The frequency or proportion at which individuals abandon their posts or duties, especially in a military context.

War Effort

Collective activities, resources, and work dedicated by a country or group towards achieving victory in a military conflict.

Jefferson Davis

The President of the Confederate States of America during the American Civil War, known for his leadership and advocacy for Southern secession.