1. The following question refers to the securitization transaction “CMLTI 2006-NC2” which is discussed in the FCIC report and in the FCIC resource library.
Tranche A2-A had a lower yield than tranche M-1.
True or False?
2. The following question refers to the securitization transaction “CMLTI 2006-NC2” which is discussed in the FCIC report and in the FCIC resource library.
CDOs invested only in the safe “A” rated tranches of the transaction.
True or False?