Traditionally Alt-A Mortgages Have a Default Rate of Less Than

question 8

Multiple Choice

Traditionally Alt-A mortgages have a default rate of less than ________ but those originated in 2006 now have a default rate in excess of ________.

• A)1%; 11%
• B)4%; 15%
• C)8%; 20%
• D)10%; 25%

---

Definitions:

Reading Materials

Various forms of written content, such as books, magazines, articles, and online texts, intended for reading.

Reception Area

A space or room in a building where visitors or clients are greeted and wait before being attended to.

Carpal Tunnel Syndrome

A condition caused by compression of the median nerve as it travels through the wrist at the carpal tunnel, leading to pain, numbness, and tingling in the hand.

Symptom

A subjective, or internal, condition felt by a patient, such as pain, headache, or nausea, or another indication that generally cannot be seen or felt by the doctor or measured by instruments.