爱考云 - 搜题找答案神器_海量试题解析在线查

题目 Which of the following statements is correct concerning mortgage loan defaults? 选项 A.A non-recourse jurisdiction poses higher default risks for lenders. B.In a non-recourse jurisdiction, [...]

题目 A commercial mortgage-backed security (CMBS) does not meet the debt-to-service coverage at the loan level necessary to achieve a desired credit rating. Which of the following features would [...]

题目 Securitization benefits investors by: 选项 A.providing more direct access to a wider range of assets. B.reducing the inherent credit risk of pools of loans and receivables. C.eliminating [...]

题目 A special purpose entity issues asset-backed securities in the following structure.「huixue_img/importSubject/1564548167826018304.png」At which of the following amounts of default in par [...]

题目 In a securitization, the collateral is initially sold by the: 选项 A.issuer. B.depositor. C.underwriter. 答案 B 解析 ： B is correct. In a securitization, the loans or receivables are [...]

题目 The single monthly mortality rate (SMM) most likely: 选项 A.increases as extension risk rises. B.decreases as contraction risk falls. C.stays fixed over time when the standard prepayment [...]

题目 In the context of mortgage-backed securities, a conditional prepayment rate (CPR) of 8% means that approximately 8% of the outstanding mortgage pool balance at the beginning of the year is [...]

题目 The last payment in a partially amortizing residential mortgage loan is best referred to as a: 选项 A.waterfall. B.principal repayment. C.balloon payment. 答案 C 解析 ： C is correct. [...]

题目 In auto loan ABSs, the form of credit enhancement that most likely serves as the first line of loss protection is the: 选项 A.excess spread account. B.sequential pay structure. C.proceeds [...]

题目 A 10-year bond was issued four years ago. The bond is denominated in US dollars, offers a coupon rate of 10% with interest paid semi-annually, and is currently priced at 102% of par. The [...]