Multiple Choice
In the modern framework of home mortgage lending, there are four channels by which first mortgage home loans are created. Within which of the following channels would you typically find a Wall Street investment bank obtaining loans, pooling loans, and creating a senior-subordinate security structure?
A) Traditional direct (portfolio) lending
B) FHA/VA loan securitization
C) Conforming conventional loan securitization
D) Nonconforming Conventional loan securitization
Correct Answer:
Verified
Correct Answer:
Verified
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