25-43 Which of the following is true concerning loans sold with recourse?
A) Most loans are sold in this manner.
B) The buyer cannot put the loan back to the selling FI.
C) The FI has no explicit liability if the loan eventually goes bad.
D) The FI that originated the loan retains a contingent credit risk liability.
E) The loan sale is technically removed from the balance sheet.
Correct Answer:
Verified
Q47: 25-42 Which of the following is NOT
Q48: 25-51 Loan participations are typically sold to
Q49: 25-49 Loan participations
A)are riskier than loan assignments.
B)are
Q50: 25-61 Identify the correct observation.
A)Most loan sales
Q51: 25-44 Which of the following observations is
Q53: 25-47 What are the two basic types
Q54: 25-55 Which of the following transactions does
Q55: 25-59 What is NOT true of loan
Q56: 25-46 Which of the following is NOT
Q57: 25-58 Loan assignments make up more than
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