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The process of FHAing a neighborhood occurred in areas where the lender felt the risk of default was low. 1) True 2) False Mortgage-backed bonds

The process of FHAing a neighborhood occurred in areas where the lender felt the risk of default was low.

1) True
2) False

Mortgage-backed bonds are structured such that their cash flows appear as traditional non-callable debt.

1) True

2) False

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