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Which of the following best describes the real estate finance concept of securitization? Ch19 a. The concept where a borrower pledges a property as security

Which of the following best describes the real estate finance concept of "securitization"? Ch19

a.

The concept where a borrower pledges a property as security for a loan

b.

Where individual loans are pooled and securities are sold, secured by that pool of loans

c.

Where a guarantor is added to the loan structure to enhance the security for that loan

d.

Where investors can buy numerous REIT securities instead of buying real estate directly

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