Business, 06.10.2019 07:01, mir1425

What is the difference between a mortgage and a mortgage-backed security? a. mortgages are loans, whereas mortgage-backed securities are bond-like debt instruments. b. mortgages are usually used to create a portfolio, whereas mortgage-backed securities are held separately. c. no interest is paid on mortgage-backed securities, whereas interest and principal payments are paid on mortgages. d. mortgages are provided to households or firms, whereas mortgage-backed securities are provided mainly to financial institutions

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What is the difference between a mortgage and a mortgage-backed security? a. mortgages are loans, w...