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2. Pick any Fannie Mae Prospectus and discuss the security. a. What is and does the pass-through rate mean. b. What is the average note
2. Pick any Fannie Mae Prospectus and discuss the security.
a. What is and does the pass-through rate mean.
b. What is the average note rate paid by borrowers in the loan pool
c. What is the pool number for the security?
d. What is the maturity date and why is it sometimes misleading?
e. What is the prefix and what does it represent?
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