Collateralized Mortgage Obligations (CMOs) Offset Some of the Problems Associated

Multiple Choice

Collateralized mortgage obligations (CMOs) offset some of the problems associated with traditional mortgage pass-throughs because

A) they are overcollateralized.
B) they have variable rates.
C) they are collateralized by auto-loans.
D) they are deep discount instruments.
E) they are collateralized by credit card debt.