Which of the following observations is NOT correct?
A) Most loans are sold with recourse.
B) Loan sales are a primitive substitute for securitization.
C) Selling of a loan creates a secondary market for loans.
D) Ownership of the loan is always transferred to the loan purchaser.
Correct Answer:
Verified
Q46: Loan participations
A)are riskier than loan assignments.
B)are less
Q47: Currently,this basic type of loan sale contracts
Q48: Which of the following refers to a
Q49: Which of the following is NOT true
Q50: Which of the following is NOT a
Q52: A loan made to finance a merger
Q52: As FIs consolidate and expand their range
Q53: Loan participations are typically sold to correspondent
Q56: Besides reducing credit risks,an FI has an
Q57: As of 2010, the Department of Housing
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