When a Finance Company Pools Mortgages with Similar Characteristics and Securitizes

question 53

True/False

When a finance company pools mortgages with similar characteristics and securitizes the pool, the loans are removed from the balance sheet of the finance company.

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Definitions:

Human Motivation

The psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence.

Motivation Levels

describe the degree or intensity of a person's willingness or desire to engage in or perform a particular activity or behavior.

Satisfied Need

A psychological or physiological requirement that has been fulfilled, contributing to an individual's well-being and motivation.

Rhetoric Tools

Techniques used in speaking or writing to persuade, inform, or entertain an audience.