The "private label mortgage market" sector includes loans that ________.
A) conform for a reason other than credit quality or if the loan is not a first lien on the property.
B) do not satisfy the underwriting standards of Ginnie Mae, Fannie Mae, and Freddie Mac (i.e., conforming loans) .
C) fail to conform for a reason other than credit quality or if the loan is not a first lien on the property.
D) fail to conform the underwriting standards of Ginnie Mae, Fannie Mae, and Freddie Mac (i.e., conforming loans) .
Correct Answer:
Verified
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