25-61 Identify the correct observation.
A) Most loan sales are completed in less than a month.
B) Up to 50 percent of loan sales eventually fail to be completed at all.
C) There is no incentive to renege on a loan sales contract.
D) The tendency to renege on a loan sales contract decrease as market prices move away from those originally agreed.
E) Contractual problems,trading frictions,and costs rarely affect loan sales.
Correct Answer:
Verified
Q45: 25-60 Assignments
A)are common in loan syndications.
B)do not
Q46: 25-48 Currently,this basic type of loan sale
Q47: 25-42 Which of the following is NOT
Q48: 25-51 Loan participations are typically sold to
Q49: 25-49 Loan participations
A)are riskier than loan assignments.
B)are
Q51: 25-44 Which of the following observations is
Q52: 25-43 Which of the following is true
Q53: 25-47 What are the two basic types
Q54: 25-55 Which of the following transactions does
Q55: 25-59 What is NOT true of loan
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