Customer loans are classified on a DI's balance sheet as
A) assets, because the DI's major asset is its client base.
B) liabilities, because the customer may default on the loan.
C) assets, because the DI earns servicing fees on the loan.
D) liabilities, because the DI must transfer funds to the borrower at the initiation of the loan.
E) assets, because DIs originate and monitor loan portfolios.
Correct Answer:
Verified
Q78: Nonbank banks are firms that undertake many
Q79: The largest asset class on FDIC-insured savings
Q80: One of the primary reasons that investment
Q81: The primary regulators of savings institutions are
A)the
Q82: Real estate loans comprise approximately _ percent
Q84: A primary advantage for a depository institution
Q85: Which of the following is the most
Q86: Which of the following is true of
Q87: Regulatory forbearance refers to a policy of
A)allowing
Q88: Which of the following dominates the loan
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