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    Exam 27: Securitization
  5. Question
    An Interest-Only (IO) Mortgage Pass-Through Strip Has a Claim on the Present
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An Interest-Only (IO) Mortgage Pass-Through Strip Has a Claim on the Present

Question 116

Question 116

True/False

An interest-only (IO) mortgage pass-through strip has a claim on the present value of interest payments on the mortgages in a GNMA pool.

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