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How Are Interest Payments on Mortgages Distributed to Investors Who

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How are interest payments on mortgages distributed to investors who own mortgage-backed securities?


Definitions:

Social Class

A division of society based on social and economic status, often categorized into groups such as lower, middle, and upper class.

Group Dynamics

The study of behaviors, psychological processes, and interactions that occur within a group.

Simmel

Georg Simmel, a German sociologist and philosopher who explored the dynamics of social relationships and the nature of society.

Dyad

A social group consisting of two persons, the simplest form of human social interaction.

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