The adjustable-rate mortgage creates uncertainty for the ____ profit margin, but reduces the uncertainty for the ____.
A) originator's; borrower
B) borrower's; originator
C) government's; originator
D) none of the above
Correct Answer:
Verified
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Q32: Which of the following is not a
Q33: Which of the following is not a
Q34: Mortgage prices are subject to
A)interest rate risk.
B)credit
Q35: _ are backed by conventional mortgages.
A)Ginnie Mae
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