Question 1

FNMA securitizes conventional mortgage loans as well as FHA/VA insured loans.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is true concerning an assumable mortgage?

Accepted Answer

A) The aggregate percent of the mortgage pool that has been prepaid prior to the month under consideration. 
B) The mortgage contract is transferred from the seller to the buyer of a house. 
C) The required interest spread of a pass-through security over a treasury when prepayment risk is taken into account. 
D) A mortgage-backed bond issued in multiple classes or tranches. 
E) Bonds collateralized by a pool of assets. 
A) The aggregate percent of the mortgage pool that has been prepaid prior to the month under consideration. 
B) The mortgage contract is transferred from the seller to the buyer of a house. 
C) The required interest spread of a pass-through security over a treasury when prepayment risk is taken into account. 
D) A mortgage-backed bond issued in multiple classes or tranches. 
E) Bonds collateralized by a pool of assets.

FNMA securitizes conventional mortgage loans as well as FHA/VA insured loans.

Which of the following is true concerning an assumable mortgage?

Why Are Financial Institutions Special

Financial Services: Depository Institutions

Financial Services: Finance Companies

Financial Services: Securities Brokerage and Investment Banking

Financial Services: Mutual Funds and Hedge Funds

Financial Services: Insurance

Risks of Financial Institutions

Interest Rate Risk I

Interest Rate Risk II

Credit Risk: Individual Loan Risk

Credit Risk: Loan Portfolio and Concentration Risk

Liquidity Risk

Foreign Exchange Risk

Sovereign Risk

Market Risk

Off-Balance-Sheet Risk

Technology and Other Operational Risks

Fintech Risks

Liability and Liquidity Management

Deposit Insurance and Other Liability Guarantees

Capital Adequacy

Product and Geographic Expansion

Futures and Forwards

Options, Caps, Floors, and Collars

Swaps

Loan Sales

Filters

Exam 27: Securitization

FNMA securitizes conventional mortgage loans as well as FHA/VA insured loans.

Which of the following is true concerning an assumable mortgage?

Why Are Financial Institutions Special

Financial Services: Depository Institutions

Financial Services: Finance Companies

Financial Services: Securities Brokerage and Investment Banking

Financial Services: Mutual Funds and Hedge Funds

Financial Services: Insurance

Risks of Financial Institutions

Interest Rate Risk I

Interest Rate Risk II

Credit Risk: Individual Loan Risk

Credit Risk: Loan Portfolio and Concentration Risk

Liquidity Risk

Foreign Exchange Risk

Sovereign Risk

Market Risk

Off-Balance-Sheet Risk

Technology and Other Operational Risks

Fintech Risks

Liability and Liquidity Management

Deposit Insurance and Other Liability Guarantees

Capital Adequacy

Product and Geographic Expansion

Futures and Forwards

Options, Caps, Floors, and Collars

Swaps

Loan Sales

Filters