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Which of the following statements about SPV is FALSE ? SPV stands for Special Purpose Vehicle SPV is set up to separate the risk of
Which of the following statements about SPV is FALSE?
SPV stands for Special Purpose Vehicle | ||
SPV is set up to separate the risk of lenders and investors | ||
If the lender goes bankrupt, the investor assets within an SPV are unprotected from the bankruptcy judgment | ||
If an MBS goes bust, the lender is protected from investors' claims | ||
SPV is a third-party company |
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