Which of the following is not true regarding mortgage backed securities? securit
ID: 2756785 • Letter: W
Question
Which of the following is not true regarding mortgage backed securities? securitization provides liquidy to the mortgage markets and makes it possible for banks to loan more money to home buyers . the MBS process allows the mortgage bank or other financial institutions that made the original mortgage loan to get his money back out of the loan and lend it to someone else. mortgage backed securities are sold to investors who can hold them as an investment or resell them to other investors. or all of the above
Explanation / Answer
The following is not true regarding mortgage backed securities:
The MBS process allows the mortgage bank or other financial institutions that made the original mortgage loan to get his money back out of the loan and lend it to someone else.
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