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Which of the following is FALSE regarding mortgage - backed bonds ( MBBs ) : Group of answer choices They are usually underwritten by investment

Which of the following is FALSE regarding mortgage

-

backed bonds

(

MBBs

)

Group of answer choices

They are usually underwritten by investment banking companies

Their issuer retains ownership of mortgages

They are issued with fixed coupon rates

Their maturity is indefinite at issuance

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