Which of the following best characterizes the position of borrowers in loan securitizations?
A) In many loan securitizations, most borrowers of the sold loans are unaware that the lender has sold the loans.
B) In many loan securitizations, most borrowers of the sold loans are notified that the lender has sold the loans.
C) In many loan securitizations, most borrowers of the sold loans have the right to decline the securitization.
D) In many loan securitizations, most borrowers of the unsold loans are aware that the lender has sold the loans.
Correct Answer:
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