Series 82: Mortgage Bonds

Taken from our Series 82 Top-off Online Guide

Mortgage Bonds

Mortgage bonds provide bondholders with a first lien on corporate property. Bondholders are given the right to sell the property if the corporation defaults on its payments. Trustees rarely have to seize property, however, since the company has strong incentives to find other means of paying its bondholders than selling off its hard assets.

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I took the Series 82 just four weeks after passing the SIE. I followed the study plan, took tons of the great practice tests, got great advice from Karen, and everything worked out well. It was literally the perfect test prep experience. The materials themselves were not overly long as with other groups, it was the exactly right amount, and the Exam Simulator is just awesome, best one of its kind I've ever used. 100% rating. Thank you, Solomon!

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