Servicing a Pass-Through Security Refers to

question 74

Multiple Choice

Servicing a pass-through security refers to

• A)an FI processing of all payments.
• B)an FI provision of clearing services to set up the pass-through.
• C)broker/dealer services provided by the FI to the ultimate holders of the pass-through.
• D)guarantee by the FI of all principal and interest payments.

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Definitions:

Linocuts

A printmaking technique, a variant of woodcut, in which a sheet of linoleum is used for the relief surface. A design is cut into the linoleum surface with a sharp knife, V-shaped chisel, or gouge, with the uncarved areas representing a mirror image of the parts to show printed.

Expatriate Artist

An artist who lives outside their native country, often reflecting cultural influences from both their homeland and their country of residence in their work.

Elizabeth Catlett

An African American and Mexican artist renowned for her sculptures and prints that focus on themes of social injustice, racial identity, and the human condition.

Faith Ringgold

An African American artist and author known for her narrative quilts and her activism within the civil rights and feminist movements.