Which of the Following Statements Is True

Which of the following statements is true?

A) Similar to a pass-through, a pay-through does not appear on the originator's balance sheet.
B) The cash flows from the pool of assets used as collateral in a pay-through are not dedicated to servicing the bond.
C) Similar to an asset-backed bond, a pay-through remains on the originator's balance sheet.
D) A pay-through is secured while a pass-through is not.
E) All of the above