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Despite Many Innovations in the Lending Process That Made Mortgage

question 14

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Despite many innovations in the lending process that made mortgage loans more accessible and affordable to the general public,many potential borrowers faced considerable barriers in qualifying for a loan and making a down payment.Which of the following types of loans was designed for a borrower with weak credit or who was unable to document his income?


Definitions:

Three-Phase Power Systems

Electrical power systems that use three alternating currents or phases, each phase being out of phase with the other by one-third of a complete cycle, widely used for power transmission and large electric motors.

Delivered Power

The amount of electrical power supplied to a load or system by its source.

Cycle

In an alternating current (AC) circuit, one complete waveform, including a positive and a negative swing, usually measured in hertz (Hz).

Delta Connected

A method of circuit connection in electrical engineering where three components form a closed loop resembling the Greek letter Delta (Δ).

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