Multiple Choice
Which of the below statements is FALSE?
A) Securitizations of assets/receivables to arise in the future are referred to as future flow securitizations.
B) The types of real estate-related assets that have been securitized include consumer and commercial loans/receivables.
C) Consumer loans/receivables that have been securitized include auto loans and leases, credit card receivables, student loans, and home improvement loans.
D) Commercial loans/receivables that have been securitized include trade receivables, equipment leases, operating assets, franchise loans, small business loans, and whole businesses.
Correct Answer:
Verified
Correct Answer:
Verified
Q21: The SPV plays a critical role in
Q22: _ do not have a schedule for
Q23: In addition to the administration of the
Q24: The assets that are securitized can have
Q25: The underlying principle of _ is that
Q27: There are benefits of securitization causing no
Q28: The responsibilities of the _ are to
Q29: Securitizations require credit enhancement and the mechanism
Q30: External credit enhancement involves a guarantee from
Q31: In regards to credit card receivable-backed securities,