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4 Cards in this Set
- Front
- Back
In mortgage backed bonds what acts as collateral?
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the mortgage
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when is issuer puts up some of his money is known as
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overcollaterlization
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what are the rating factors for mortgages
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insurance backing
loan -to- value ratio residential v commercial 1st v 2nd mortgages |
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the higher the interest rate spread the ---------------?
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safety
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