在備考FRM考試的時候，是不是覺得需要掌握的內容有很多，備考起來很費勁。其實，只要找到適合自己的教材和課程，學習起來也是很簡單的。住房抵押貸款在FRM考試中的詳細內容有哪些？

Lien Status：

A first lien would give the lender the first right to receive proceeds on liquidation

Credit Classification：

Prime (A-grade) loans；

Subprime (B-grade) loans；

Alternative-A loans: are the loans in between prime and subprime.

Interest Rate Type：》》》戳：各科視頻講義+歷年真題+21年原版書（PDF版）免·費領取

Fixed-rate mortgages；

Adjustable-rate mortgages (ARMS): default risk is high

Prepayments：

Prepayments reduce the mortgage balance and amortization period. They can occur because of the following reasons:

? Home is sold

? Refinancing due to lower rates

? Partial prepayments

Credit Guarantees：

With agency MBSs, the investor bears no credit risk because the GSEs have been paid a fee to guarantee the underlying mortgages；

With a non-agency MBS, there is some credit risk but that is mitigated through the process of subordination.【資料下載】[融躍財經]FRM一級ya題-pdf版

Fixed-Rated, Level-Payment Mortgages：

The amount of the principal payment increases as time passes.

The amount of interest decreases as time passes. Interest is calculated on a declining principal balance

The ability of the borrower to repay results in prepayment risk.

附譯文：留置權狀態：

第 一留置權將賦予貸款人在清算時獲得收益的第 一權利

信用等級：

優質（A級）貸款

次級（B級）貸款

另類貸款：介于優質貸款和次級貸款之間的貸款。

利率類型：

固定利率抵押貸款

可調利率抵押貸款（ARMS）：違約風險高

預付款：

提前還款減少了抵押貸款余額和攤銷期。可能是因為以下原因：

房屋出售

低利率導致的再融資》》》點我咨詢FRM職業發展前景

部分預付款

信用擔保：

對于代理MBS，投資者不承擔任何信用風險，因為GSE已經支付了一筆費用來擔保基礎抵押貸款

對于非代理MBS，存在一定的信用風險，但通過從屬過程可以緩解。

固定利率、水平付款抵押貸款：

本金的數額隨著時間的推移而增加。

利息隨著時間的推移而減少。利息按本金余額遞減計算

借款人的還款能力導致提前還款風險。

想要了解更多有關FRM考試相關資訊，在線咨詢老師或者添加融躍老師微信（rongyuejiaoyu）！另外還可以領取免費備考資料哦！