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______________ Is Frequent Refinancing That Do Not Benefit the Borrower

Question 37

Multiple Choice

______________ is frequent refinancing that do not benefit the borrower. This practice can result in borrower injury from the fees imposed and from the fact that it decreases home equity and increases the consumer's debt burden, thus increasing the chance of foreclosure.


A) Loan flipping
B) Loan refinancing
C) Securitization
D) Subprime loans

Correct Answer:

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