The Process of Obtaining Mortgages from the Financial Institutions That

question 32

Multiple Choice

The process of obtaining mortgages from the financial institutions that originated them, bundling the mortgages into tranches based on their risk level, and selling the tranches to institutional investors is called:

• A)mortgage stripping.
• B)mortgage underwriting.
• C)securitization.
• D)intermediation.

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Definitions:

Set Up Interviews

The process of organizing and scheduling meetings between candidates and interviewers as part of a selection process.

E-mail

An electronic form of communication sent over the internet that allows users to exchange messages.

Follow Up

The process of making additional contact or taking further action after an initial meeting, discussion, or task to ensure completion or continued progress.

Writing

Writing involves the process of using symbols, such as letters of the alphabet, to communicate thoughts and ideas in a readable form.