In the Creation of an ABS, Which of the Below

question 58

Multiple Choice

In the creation of an ABS, which of the below statements is FALSE?

• A) There is a type of securitization transaction involving a conduit that buys the loans and securitizes them.
• B) The originator of the loan is the seller of the loan.
• C) The originator of the loan is always the issuer of the loan.
• D) The SPV in a securitization is referred to as the "issuer" or "trust" in the prospectus.

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Definitions:

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A set of health objectives for the United States to achieve by the year 2020, aiming to improve the health and well-being of all citizens.

Smoking Cessation

The process of quitting smoking, involving strategies and supports to overcome nicotine addiction and improve health.

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Pertaining to or characteristic of a nation; relating to the whole of a country.

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A modification in an individual's actions or reactions, often the result of interventions or personal development efforts.