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katen-ka-za [31]
3 years ago
5

A security created by pooling loans other than mortgage loans is referred to as an ________________.

Business
1 answer:
lukranit [14]3 years ago
5 0

Answer: The correct answer is "asset-backed  security".

Explanation: A security created by pooling loans other than mortgage loans is referred to as an <u>asset-backed  security.</u>

Asset-backed securities are debt instruments insured against specific assets or against specific cash flows.

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