Question: Answer the below questions. a. Explain what is meant by a residential mortgage-backed security. b. Describe the sectors of the residential mortgage-backed securities market.

Answer the below questions.
a. Explain what is meant by a residential mortgage-backed security.
b. Describe the sectors of the residential mortgage-backed securities market.

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a By a residential mortgagebacked security RMBS we mean a security that is created when residential mortgages are packaged together to form a pool of ... View full answer

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