25-59 What is NOT true of loan assignments?
A) All rights are transferred on sale.
B) The loan buyer holds a direct claim on the borrower.
C) Transfer of U.S.domestic loans is normally associated with a Uniform Commercial Code filing.
D) Ownership rights are generally much clearer in a loan sale by assignment
E) Contract terms are unrestrictive from the seller's perspective.
Correct Answer:
Verified
Q50: 25-61 Identify the correct observation.
A)Most loan sales
Q51: 25-44 Which of the following observations is
Q52: 25-43 Which of the following is true
Q53: 25-47 What are the two basic types
Q54: 25-55 Which of the following transactions does
Q56: 25-46 Which of the following is NOT
Q57: 25-58 Loan assignments make up more than
Q58: 25-54 Which of the following transactions meets
Q59: 25-57 HLT loans typically have all of
Q60: 25-45 Which of the following refers to
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