Adjustable Rate Mortgages with Extremely Low Initial Interest Rates Which

question 1

Multiple Choice

Adjustable rate mortgages with extremely low initial interest rates which enable high risk buyers to purchase homes are known as:

• A)​upside down mortgages.
• B)​ARMs.
• C)​sub-prime loans.
• D)​mortgage backed securities.

---

Definitions:

Albert Ellis

An American psychologist who developed Rational Emotive Behavior Therapy (REBT), focusing on helping patients change irrational beliefs.

Neurological Cause

An underlying reason for a condition or behavior that relates to the structure or function of the nervous system.

Unconditional Positive Regard

A term from humanistic psychology that indicates accepting and respecting others as they are without judgment or evaluation.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic reactions and anxieties by gradually exposing the individual to the feared object or situation.