A Collateralized Mortgage Obligation is:

Group of answer choices

a. A mortgage-backed security that pass-through promised payments of principal and interest on pools of mortgages

b. A mortgage-backed security issued in multiple classes or tranches

c. A bond collateralized by a pool of mortgages

d. An option to purchase a pool of mortgages

e. A loan in which security interest in real estate is granted by a borrower

A Mortgage Backed Bond is:

Group of answer choices

a. A mortgage-backed security that pass-through promised payments of principal and interest on pools of mortgages

b. A mortgage-backed security issued in multiple classes or tranches

c. A bond collateralized by a pool of mortgages

d. An option to purchase a pool of mortgages

e. A loan in which security interest in real estate is granted by a borrower

A Pass-Through Security is:

Group of answer choices

a. A mortgage-backed security that pass-through promised payments of principal and interest on pools of mortgages

b. A mortgage-backed security issued in multiple classes or tranches

c. A bond collateralized by a pool of mortgages

d. An option to purchase a pool of mortgages

e. A loan in which security interest in real estate is granted by a borrower