Which of the following describes a typical feature of a non-agency residential mortgagebacked security (RMBS)? A. Senior/subordinated

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Which of the following describes a typical feature of a non-agency residential mortgagebacked security (RMBS)?

A. Senior/subordinated structure

B. A pool of conforming mortgages as collateral

C. A guarantee by a government-sponsored enterprise

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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