Refers to the securitization transaction

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1. The following question refers to the securitization transaction “CMLTI 2006-NC2” which is discussed in the FCIC report and in the FCIC resource library.

Tranche A2-A had a lower yield than tranche M-1.

True or False?

2. The following question refers to the securitization transaction “CMLTI 2006-NC2” which is discussed in the FCIC report and in the FCIC resource library.

CDOs invested only in the safe “A” rated tranches of the transaction.

True or False?

Reference no: EM13950046

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