A mortgage loan made to a borrower with a low credit score is called a:
A) prime mortgage.
B) high-service loan.
C) bundled financial loan.
D) subprime mortgage.
Correct Answer:
Verified
Q41: In an effort to prevent future financial
Q42: Tranching allows packages of reliable, low-risk mortgages
Q43: Subprime mortgage loans:
A) are made to borrowers
Q44: What effect did the introduction of securitization
Q45: After World War II, home values:
A) fell
Q47: Which of the following is not a
Q48: When the housing market bubble burst, many
Q49: Local banks could pass the risk involved
Q50: The housing bubble refers to:
A) housing prices
Q51: Securitization is the practice of:
A) packaging individual
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