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From our study of the 2008 Financial Crisis, which of the following is not true about Mortgage Backed Securities(MBS) and Collateralized Mortgage Obligations (CMO)? Group
From our study of the 2008 Financial Crisis, which of the following is not true about Mortgage Backed Securities(MBS) and Collateralized Mortgage Obligations (CMO)?
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MBS and CMOs have prepayment risk
Mass default of MBSs resulted in more house foreclosures
CMOs were used to spread risk to smaller and specified investors
CMOs are created from CDSs
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