A sub-prime mortgage is a home loan made to a borrower with a relatively high credit score indicating the likelihood that loan payments might be missed when due.
Correct Answer:
Verified
Q21: Credit ratings are prepared by government organizations
Q35: The Troubled Asset Relief Program (TARP), which
Q39: Securitization is the process of securing a
Q41: The Toxic Real Asset Problem (TRAP),which was
Q42: Finance is:
A)the study of how individuals,institutions,governments,and businesses
Q45: A credit score measures the number of
Q46: An area of finance that refers to
Q47: A prime mortgage is a home loan
Q48: The deregulation of financial institutions and lax
Q56: An effective financial system must have:
A)several sets
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents