A Loan-Servicing Agent Will

question 15

Multiple Choice

A loan-servicing agent will

• A) package the loan for an investor.
• B) hold the loan in their investment portfolio.
• C) collect payments from the borrower.
• D) do both A and C of the above.
• E) do both B and C of the above.

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Definitions:

Direct Quotation

The exact reproduction of another speaker's or writer's words, indicated by quotation marks.

Paraphrase

The act of rewording or rephrasing a text or speech to clarify its meaning or to produce a simplified version.

Gender-neutral Term

A word or phrase not specific to any gender, used to promote equality and inclusivity.

Policeman

A member of a police force, tasked with enforcing laws, preventing crime, and protecting citizens and their property.