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Summarize the pros and cons of: mortgage-backed bonds (MBBs), mortgage pass-through securities (MPTs), mortgage pay-through bonds (MPTBs), and collateralized mortgage obligations (CMOs).
Summarize the pros and cons of: mortgage-backed bonds (MBBs), mortgage pass-through securities (MPTs), mortgage pay-through bonds (MPTBs), and collateralized mortgage obligations (CMOs).
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