A Self-Employed Borrower Who Has Documentable Assets but Is Not

question 13

Multiple Choice

A self-employed borrower who has documentable assets but is not able to provide adequate documentation for his income may be eligible for this type of loan:

• A)FNMA
• B)FHLMC
• C)Conforming
• D)Alt-A

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Definitions:

Double-Masked Design

Experimental procedure in which neither the participant nor the experimenter knows whether the participant has received the experimental treatment or a placebo.

Manipulated

Being controlled or influenced in a clever and often unfair or selfish way.

Experiment

A research procedure in which a variable is manipulated and the effect of the manipulation is observed.

Observational Study

A type of research in which the investigator observes and records behavior or outcomes without manipulating the study environment or subjects.