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Question
In contrast to earlier periods in the finance company industry, during the middle 2000s,
A. regulatory reform led to decreasing profits.
B. mortgages originated were generally not securitized.
C. new car loan rates charged by finance companies were been lower than those of commercial banks.
D. mortgage lending become less important to the industry.
E. finance companies were required to offer time deposit products to their customers.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
B. mandated federal insurance company charters.
C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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A. the expected payment commitment on existing policy contracts.
B. a fund established and held separately from the company's other assets.
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A. Position trading.
B. Pure arbitrage.
C. Liquidity trading.
D. Risk arbitrage trading.
E. Program trading.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
A. Purchase of existing securities.
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