Question: A repurchase agreement is like a secured loan because it involves two parties. it is backed by a mortgage on real property. it involves collateral,

 A repurchase agreement is like a secured loan because it involves

A repurchase agreement is like a secured loan because it involves two parties. it is backed by a mortgage on real property. it involves collateral, in this case the sale of a security under agreement to repurchase. it is like the secured lending in that a mortgage is created by the lender

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