Question: Each loan in the collateral pool is assigned an expected loss which is the product of that loans _________and ___________ Through the sequential-pay structure and
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Each loan in the collateral pool is assigned an expected loss which is the product of that loans _________and ___________
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Through the sequential-pay structure and reverse-sequential loss structure, CMBS deals concentrate risk and aggregate expected losses in which portion of the bonds?
The X Class/IO Bond owner receives no principal, yet these securities are designated as being of a certain dollar amount. That dollar amount is referred to as the________________amount.
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