Question: Please summarize and compare the following four instruments in the secondary mortgage markets; -Mortgage Pass-trhough secruties -Mortgage pass-through bonds, -CMO -CMBS For each of them,
Please summarize and compare the following four instruments in the secondary mortgage markets; -Mortgage Pass-trhough secruties -Mortgage pass-through bonds, -CMO -CMBS For each of them, define it, explain its main feature, and finally explain the differences.
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