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Author Question: Which of the following statements concerning mortgage backed securities are correct?I.They are ... (Read 59 times)

mustachegiraffe

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Which of the following statements concerning mortgage backed securities are correct?

I.They are secured by a pool of residential mortgages.
II.A portion of the income stream is a non-taxable return of capital.
III.They are backed by the full faith and credit of the U.S. government.
IV.Their maturity depends on prepayments of the mortgages in the pool.

◦ I and III only
◦ I and IV only
◦ II, III and IV only
◦ I, II and IV only


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Marked as best answer by mustachegiraffe on Mar 29, 2022

BryanAultm

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mustachegiraffe

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Jsherida

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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