In the securitization process, mortgages are pooled together and cash flows are packaged into securities to be sold in the secon
dary market. Agencies and private companies that pool mortgages and sell mortgage-backed securities (MBS) are often referred to as:A. thriftsB. credit unionsC. conduitsD. automated underwriters
conduit are authorities and private enterprises that pool loans and sold loan-backed securities.
Explanation:
conduit are authorities and private enterprises that pool loans and sold loan-backed securities.
A financial organization that buys 3rd-party loan-backed securities to sell back to investors at new condition that will create the sale beneficial to issuing individual. Generally, the conduit pools sufficient funds from loan-back securities once the funds are reissued to the next party.
This happens when an offender strongly believes that the person he or she is offending deserves to have the offense against him or her. It is seen as a punishment or revenge for a deserving individual. Normally this technique is used on minority groups
