Identify a True Statement About Subprime Mortgage Loans

question 45

Multiple Choice

Identify a true statement about subprime mortgage loans.

• A)They are given to people with a high credit score.
• B)They are less attractive to lenders because they provide a lower return than any other form of investment.
• C)They are usually issued to people who have a high ability to repay the money they borrow.
• D)They are lent to borrowers with high debt-to-income ratios.

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