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    Exam 15: Comparative Analysis of Financial Institutions and Their Operations
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    A Collateralized Mortgage Obligation (CMO) Is One Vehicle Used by S&Ls
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A Collateralized Mortgage Obligation (CMO) Is One Vehicle Used by S&Ls

Question 65

Question 65

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A Collateralized Mortgage Obligation (CMO) is one vehicle used by S&Ls to securitize loans.

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