Which One of the Following Types of Transactions Leaves the Assets

question 46

Multiple Choice

Which one of the following types of transactions leaves the assets on the balance sheet?

• A) Loan sale without recourse
• B) GNMA pass-throughs backed by mortgages placed in trust
• C) CMOs issued using mortgage pool as collateral
• D) Mortgage-backed bonds issued
• E) None of the above

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