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 for longer. - How PAC and Support tranches in a CMO redistribute prepayment and extension risk. - The inverse relationship between interest rates and the value of Interest-Only (IO) strips, a common exam trap. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

Episode metadata supplied by the publisher feed · Published Jul 5, 2026

Embed this episode

Attribution link and audio player

NOW PLAYING

Series 7 Exam Prep 28, Mortgage-Backed Securities and CMOs

0:00 5:06

1×

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

Lead with Faith: Empowering the Next Generation Jermaine Whiteside The Empowering Future Leaders Podcast – Presented by Anointed Connect Academy and hosted by Jermaine E. Whiteside, Doctoral Candidate in Christian Education, this podcast is your gateway to faith-driven leadership, lifelong learning, and real-world success strategies. Each episode blends inspiration with action, spotlighting career pathways, professional exam preparation, and innovative educational resources designed to equip the next generation of leaders.With candid conversations, expert insights, and transformative stories from students, educators, and industry leaders, we address the challenges facing at-risk and underserved communities while providing tangible tools to overcome them. Rooted in Christian values and a commitment to generational impact, this podcast empowers students, parents, and professionals to break barriers, build skills, and boldly pursue their God-given purpose.

Frequently Asked Questions

How long is this episode of Open Exam Prep?

This episode is 5 minutes long.

When was this Open Exam Prep episode published?

This episode was published on July 5, 2026.

Can I download this Open Exam Prep episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.

URL copied to clipboard!