Credit risk is a factor for commercial mortgage-backed securities because they are backed by mortgage loans that:

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Credit risk is a factor for commercial mortgage-backed securities because they are backed by mortgage loans that:

A . are non-recourse.

B . have limited call protection.

C . have no prepayment penalty points.

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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