Explain why commercial mortgage-backed securities do not trade like residential mortgage-backed securities in the market.

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:36 AM

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Explain why commercial mortgage-backed securities do not trade like residential mortgage-backed securities in the market.

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It is because of the substantial prepayment protection at the loan and structure level that a commer...View the full answer

Bond Markets Analysis and Strategies

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