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A mortgage-backed security is a debt and a kind of security that is backed by a pool of mortgages or a credit support from another party to a transaction. The cash flow to the investors in terms of interest and repayment of principal is dependent on the cash flows from the mortgage. The pool of mortgages is held by a special purpose vehicle.
1. Mortgage Pass-through Securities
2. Mortgage-Backed Bonds
3. Stripped Mortgage-Backed Securities
4. Non-agency Mortgage Backed Securities
5. Commercial Mortgage-backed Securities (CMBS)
6. International Mortgage backed Securities
Illustrate the audit plans Audit team must be sufficiently familiar and fully briefed by manager and have knowledge of the business or operation such that to be able to carry o
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financial planning?
Describe the duties of the financial manager in a business firm? Financial managers evaluate the firm's performance, determine what are the financial consequence will be if the
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Question 1 Under a hire purchase deal structured by X Finance Ltd. for Y Corporation, the finance company has offered to finance the purchase of equipment that costs Rs. 200 la
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