Why have CMOs and REMICs made it easier for the mortgage markets to compete for funds with

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Why have CMOs and REMICs made it easier for the mortgage markets to compete for funds with corporate bonds? What problems do their residuals pose?

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Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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Question Posted: Sep 27, 2018 01:41 PM

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Why have CMOs and REMICs made it easier for the mortgage markets to compete for funds with

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CMOs and REMICs provide predictable cash flows for inves...View the full answer

Financial Institutions, Markets and Money

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