NO.PZ2020011303000022
问题如下：
What is a pass through?
解释：
A pass through is an MBS where the cash flows from a pool of mortgages are passed to investors after subtracting the costs of guaranteeing and servicing the mortgages. All investors in the pool receive the same return.
什么是pass through？
pass through是一种MBS的现金流形式，投资者获得的现金流要减去担保和服务的费用。资产池中的所有投资者都获得相同的回报率。
什么是path through
