_______________________________ Redirect the Principal and Interest Payments of Mortgage-Backed Securities

question 81

Multiple Choice

_______________________________ redirect the principal and interest payments of mortgage-backed securities to various classes of bondholders, thereby creating financial instruments with varying prepayment risks.

• A)Securitizations
• B)Collateralized mortgage obligations
• C)VA and FHA insured mortgages
• D)Secondary markets

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Definitions:

Informal Structure

The informal structure is the set of unofficial relationships among an organisation’s members.

Shadow Organisation

The informal network within a company, shaping its culture and operations outside the formal organizational structure.

Working Relationships

The interactions and communications that occur between colleagues within a workplace environment.

Divisional Structure

An organizational structure composed of separate business units or divisions with their own functions and responsibilities that report to a central executive.