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Basic Question 2 of 5
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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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe types and characteristics of residential mortgage loans that are typically securitized;
CFA® 2024 Level I Curriculum, Volume 4, Module 45.