Examlex
Match the terms with their definitions.
-Thoracotomy
Subprime Mortgages
Loans granted to borrowers with poor credit histories, which carry higher interest rates than standard mortgages to compensate for the higher risk.
Mortgage-backed CDOs
Complex structured finance products that pool together cash flow-generating assets and repackages this asset pool into tranches that can be sold to investors, specifically focusing on mortgage-backed securities.
Variable Rate Loans
Loans with interest rates that can fluctuate over time based on an underlying benchmark rate or index.
Tranches
Portions or slices of debt or securities that are structured to divide risk or return in a way that is marketable to different investors.
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