Even though greatly diminished in market share subprime loans offer all of the following EXCEPT
A) a higher profit margin if carefully made
B) a market that has been shunned before high tech analysis allowed better selection for carefully documented loans
C) greater depth of loan analysis has eliminated all risks
D) an expansion of the loan market beyond higher quality "A" rated borrowers
Correct Answer:
Verified
Q1: An automated underwriting system is one that:
A)
Q2: Mortgage loan origination software must increasingly be
Q3: An ownership interest of one percent or
Q4: Which of the following is true about
Q5: The best explanation of computerized loan origination
Q6: The advantage of a web site offering
Q7: Which of the following is NOT a
Q9: Freddie Mac offers an "expedited" collateral assessment
Q10: Fannie Mae offers two automated underwriting programs,
Q11: Which of the following is true of
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