Lending to homebuyers who don't meet the usual criteria for qualifying for a loan is called:
A) prime lending.
B) prime investment lending.
C) subprime lending.
D) acceptance lending.
Correct Answer:
Verified
Q246: A firm uses financial leverage when it:
A)
Q247: In securitization:
A) securities are sold to investment
Q249: _ is lending to homebuyers who don't
Q252: The TED spread is:
A) the interest rate
Q253: Which statement is TRUE regarding shadow banks?
A)
Q254: Shadow banking:
A) doesn't look like traditional banking
Q255: Financial intermediaries involved in shadow banking typically:
A)
Q271: Assembling a pool of loans and selling
Q273: The reduction in a firm's net worth
Q278: Subprime loans are made:
A)on houses that are
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