When Groups of Mortgages Are Bundled Together by Financial Institutions

question 59

Multiple Choice

When groups of mortgages are bundled together by financial institutions and sold to investors, these institutions are said to be ________ mortgage loans.

• A)securitizing
• B)underwriting
• C)liquidating
• D)harvesting

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Definitions:

John Winthrop

A leading figure in founding the Massachusetts Bay Colony, one of the early English settlements in present-day Massachusetts, known for his vision of the colony as a "city upon a hill."

French Colonization

The process by which France established colonies and controlled territories outside Europe, notably in parts of Africa, Southeast Asia, and the Caribbean, from the 17th through the 20th centuries.

Spanish Colonization

The period during which Spain conquered and established colonies in the Americas from the late 15th to the early 19th centuries, involving significant cultural, economic, and demographic changes.

Seventeenth Century

The period extending from the year 1601 to 1700, marking a time of significant historical events and developments globally.