Multiple Choice
What are the two basic types of loan sale contracts or mechanisms by which loans can be transferred between seller and buyer?
A) participations and assignments
B) participations and originations
C) syndications and originations
D) transfers and assignments
Correct Answer:
Verified
Correct Answer:
Verified
Q18: When a special purpose vehicle (SPV) creates
Q19: Loan participations are typically sold to correspondent
Q20: Which of the following is not true
Q21: A eurobond is a loan provided by
Q22: A transferable mortgage is a mortgage contract
Q24: A bank loan sale occurs when an
Q25: Asset securitisation is where:<br>A)existing securities are sold
Q26: What is NOT true of loan assignments?<br>A)All
Q27: Assignments:<br>A)are common in loan syndications<br>B)do not have
Q28: Syndication is the creation of securities based