NO.PZ2020033003000100
问题如下：
The typical subprime trust has structural features designed to protect investors from losses on the underlying mortgage loans. Which of the following is not included in one of these features?
选项：
A.Subordination
B.Excess spread
C.Shifting interest
D.Prepayments
解释：
D is correct.
考点：Subprime mortgage
解析：
Features designed to protect investors from losses on the underlying mortgage loans:
• Subordination
• Excess spread
• Shifting interest
• Performance triggers
• Interest rate swap
1、Excess spread
2、Shifting interest
3、 Performance triggers
