1 a why is it necessary for a nonagency mortgage-backed, Ask an Expert

Management Studies

1. a. Why is it necessary for a nonagency mortgage-backed security to have credit enhancement?

b. Who determines the amount of credit enhancement needed?

2. a. What is meant by a senior-subordinated structure?

b. Why is the senior-subordinated structure a form of credit enhancement?

c. What is the limitation of a third-party guarantee as a form of credit enhancement?

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M92034422

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