QUESTION 3 CRE CDOs were used to finance assets True False
3b.
CRE CLOs are used to finance assets
True
False
3c.
Warehouse lines often contain recourse to the borrower; CRE CDOs do not
True
False
3D.
CRE CDOs often contain recourse to the issuer; warehouse lines do not
True
False
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CRE CDOs were used to finance asset. |
True. |
It is sold to investors against underlying assets. |
CRE CLOs are used to finance assets. |
True. |
It is sold to investors against underlying commercial assets. |
Warehouse lines often contain recourse to the borrower; CRE CDOs do not |
True. |
Property owners do not have liability under CRE CDO. |
CRE CDOs often contain recourse to the issuer; warehouse lines do not |
False. |
CRE CLOs often contain recourse to the issuer not CRE CDO. |
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