Multiple Choice
In the modern framework of home mortgage lending,there are four channels by which first mortgage home loans are created.Within which of the following channels would you typically find a Wall Street investment bank obtaining loans,pooling loans,and creating a senior-subordinate security structure?
A) Traditional direct (portfolio) lending
B) FHA/VA loan securitization
C) Conforming conventional loan securitization
D) Nonconforming Conventional
Correct Answer:
Verified
Correct Answer:
Verified
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