26-35 a Good News Effect of Increased Mortgage Prepayments on a Mortgage

question 25

True/False

26-35 A good news effect of increased mortgage prepayments on a mortgage pool caused by decreasing market interest rates includes the receipt of fewer scheduled interest payments.

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Definitions:

Dura Mater

The outer membrane covering the brain and spinal cord.

Paralyses

The loss of muscle function in part of your body, often resulting from damage to the nervous system.

Spastic

Relating to or affected by muscle spasms or involuntary contractions.

Flaccid

lacking firmness or stiffness; often referring to a state of muscle weakness or limpness.