Multiple Choice
A security created by pooling loans (other than residential prime mortgage loans) is referred to as ________.
A) a residential-backed security (RBS) .
B) a mortgaged-backed security (MBS) .
C) an asset-backed security (ABS) .
D) a prime mortgage-backed security (PMBS) .
Correct Answer:

Verified
Correct Answer:
Verified
Q48: A credit card receivable is a nonamortizing
Q49: Which of the below statements is TRUE?<br>A)
Q50: Few securitization transactions that employ internal credit
Q51: The cash flow for auto loan-backed securities
Q52: Uncommon forms of internal credit enhancement are
Q54: When nonamortizing assets are securitized, there is
Q55: The Small Business Association (SBA) is an
Q56: When unamortizing assets are securitized, the composition
Q57: The competitive transition charge (CTC) is effectively
Q58: In the creation of an ABS, which