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Basic Question 2 of 6
During the lockout period, ______ is (are) paid out to non-amortizing security holders.
II. principal prepayments
III. interest only
IV. nothing
I. scheduled principle repayments
II. principal prepayments
III. interest only
IV. nothing
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Martin Rockenfeldt
Learning Outcome Statements
describe fundamental features of residential mortgage loans that are securitized
CFA® 2025 Level I Curriculum, Volume 4, Module 19.