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    Exam 25: Market for Asset-Backed Securities
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    When Nonamortizing Assets Are Securitized, There Is a Lockout Period
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When Nonamortizing Assets Are Securitized, There Is a Lockout Period

Question 54

Question 54

True/False

When nonamortizing assets are securitized, there is a lockout period or revolving period where all principal received is used to sell old collateral.

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