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In the Creation of an ABS, Which of the Below

Question 58

Multiple Choice

In the creation of an ABS, which of the below statements is FALSE?


A) There is a type of securitization transaction involving a conduit that buys the loans and securitizes them.
B) The originator of the loan is the seller of the loan.
C) The originator of the loan is always the issuer of the loan.
D) The SPV in a securitization is referred to as the "issuer" or "trust" in the prospectus.

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