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李同学2019-03-19 12:11:16

03.单选题 已收藏 标记 纠错 According to the following statements about auto loan Receivable-backed securities, which statement is not correct? A A subprime loan is one granted to borrowers with higher credit quality. B The purpose of a reserve account is to provide internal credit enhancement. C Overcollateralization means that the aggregate principle balance of the automobile loan contracts exceeds the principle balance of the notes. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率:69% Non-mortgage asset-backed securities难度:一般 推荐:      答案解析 A subprime loan is one granted to borrowers with lower credit quality. 问:C这句话怎么翻译,怎么理解? 我对过度抵押的理解是,我买了一辆车50w,抵押了我家的房子500w,但是和C应该没关系?C在说什么 请问?

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Sherry Xie2019-03-20 14:13:22

同学你好,MBS的抵押品其实是Mortgage loan, 所以当loan的价值超过MBS本身的价格时候,叫做过度抵押。
那么这句话描述的就是这种情况,the aggregate principle balance of the automobile loan contracts说的意思就是Mortgage loan的价值,而 the principle balance of the notes就是MBS本身的价值.

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