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Which statements are true about mortgages? Check all that apply: Home mortgages are the largest loan category, followed by commercial mortgages, multifamily dwellings, and farms.
Which statements are true about mortgages?
Check all that apply:
Home mortgages are the largest loan category, followed by commercial mortgages, multifamily dwellings, and farms.
Mortgage bonds are backed by a specific piece of property, unlike other corporate bonds and stocks.
The typical issuers in the mortgage market are individuals, differing from the typical issuers in other financial markets.
Mortgages generally have a set size or denomination, similar to bonds and stocks.
Many residential mortgages are securitized allowing financial institutions to reduce interest rate risk and credit risk.
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