What is a subprime mortgage?
A) 10 to 20 percent down payment and some evidence of the ability to pay
B) 10 to 20 percent down payment and verified evidence of the ability to pay
C) no required down payment and no verifiable means of income
D) no required down payment but clear evidence of income
Correct Answer:
Verified
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Q9: What is NOT one of the forms
Q10: What is public housing?
A) accommodations intended only
Q11: Since housing is more expensive than average
Q12: What is redlining?
A) Financial institutions expand mortgage
Q14: What has led to the increase of
Q15: Why do certain groups tend to cluster
Q16: What is NOT an example of residential
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