Series 7 Exam Prep 28, Mortgage-Backed Securities and CMOs
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How mortgage-backed securities pass through both principal and interest payments monthly. - Why falling interest rates lead to prepayment risk, a form of reinvestment risk. - Why rising interest rates cause extension risk, locking investors into lower yields…
The skinny
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