- CFA Exams
- CFA Level I Exam
- Study Session 14. Fixed Income (1)
- Reading 45. Introduction to Asset-Backed Securities
- Subject 2. The Securitization Process
CFA Practice Question
The issuer in a securitization transaction is ______.
A. the seller of the collateral
B. the special purpose vehicle
C. the party that services the loan
Explanation: The special purpose vehicle is also referred to as a trust.
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