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Question
Which of the following is true concerning loans sold with recourse?
A. Most loans are sold with recourse.
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.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A. separated commercial banking from insurance activities.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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