Mortgage Backed Securities Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The primary mortgages involve

1. three institutions
2. single investor
3. multiple investor
4. multiple institutions

MCQ 2: The ownership of mortgaged property will be transferred to financial institution if the

1. borrower defaults
2. borrower does not default
3. borrower want less rate
4. borrower want profit

MCQ 3: The type of security backed by mortgage cash flows and are packed by financial instruments is classified as

1. cash mortgage
2. securitized mortgage
3. financial mortgage
4. instrumental mortgage

MCQ 4: The loan which is made available for businesses or individuals to buy land, home or other property is classified as

1. secondary loan
2. primary loan
3. mortgages
4. swapped mortgages