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Please help with the following questions: QUESTION 50 After a mortgage is securitized, it is owned by: The SPE that issued the asset-backed securities. The

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QUESTION 50 After a mortgage is securitized, it is owned by: The SPE that issued the asset-backed securities. The financial institution that originated the loan. The government agency that regulates the ABS market. QUESTION 51 A borrower defaults on a mortgage that still has a $350,000 remaining balance. After foreclosure, the lender sells the house for $285,000. Now the lender is entitled to collect the $65,000 shortfall from the borrower. This mortgage is most likely a Subprime loan. Recourse loan. Non-recourse loan. QUESTION 52 Suppose a bond's price is expected to increase by 3% if its yield-to-maturity decreases by 50 basis points. If the bond's YTM increases by 50 basis points, the bond price is most likely to change by: Exactly 3%. Less than 3%. More than 3%

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