A member describes an interest-only collateralized mortgage obligatin as guaranteed
by U.S government since it is a claim against the cash flows of a pool of guaranteed
mortgages, although the payment stream and the market value of the security are not
guaranteed.
comment:
This is a violation because of the misrepresentation.
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Why? 如何翻译上面的话,看不出什么地方 misrepresentation. thanks.
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