How can tax-exempt bonds offer lower-cost mortgage money

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Reference no: EM131289084

1. How can tax-exempt bonds offer lower-cost mortgage money and how is this money generally used?

2. Explain the two basic kinds of mortgage pools used to back securities and the two different methods used to generate the securities.

3. Describe the impact of the originate-to-distribute model on the growth of the subprime mortgage market.

Reference no: EM131289084

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How can tax-exempt bonds offer lower-cost mortgage money : Explain the two basic kinds of mortgage pools used to back securities and the two different methods used to generate the securities.

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