Credit risk is an important consideration for commercial mortgage-backed securities (CMBS) because the CMBS are backed by mortgage loans that A: are non-recourse B: have call protection C: have prepayment penalty points

Credit risk is an important consideration for commercial mortgage-backed securities (CMBS) because the CMBS are backed by mortgage loans that A: are non-recourse B: have call protection C: have prepayment penalty points D: 空

中国大学MOOC:"Which description about “Mortgage Backed Security” is incorrect?";

Which description about “Mortgage Backed Security” is incorrect? A: MBS is a type of asset-backed security that is secured by a mortgage or collection of mortgages. B: It usually pays periodic payments that are similar to coupon payments. C: It’s the core holding of almost all U.S. institutional fixed-income investors. D: The mortgage does not need to have originated from a regulated and authorized financial institution.

According to the passage, a home mortgage plan ______. A: is similar to a mortgage loan B: is absolutely different from a mortgage loan C: has more benefits than a mortgage loan D: None of the above is correct.

A 15-year mortgage will have larger monthly payments than a 30-year mortgage of the same amount and same interest rate.（ ）

_________ is a bond secured by a mortgage on one or more assets. A: A convertible bond B: A treasury bond C: A mortgage bond D: A municipal bond

Debentures are long-term unsecured bonds that are backed only by the general creditworthiness of the issuer.

A ______ bond is backed by the issuer’s ______ of the<br/>buildings, land, and equipment as security。

In a mortgage pass-through security, the pass-through rate