An Index as Used in an Adjustable Rate Mortgage Must

question 4

Multiple Choice

An index as used in an adjustable rate mortgage must be

• A) one approved by the lender's regulatory authority.
• B) the lender's current cost of funds.
• C) current market yields on mortgage loans.
• D) any mortgage index.

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Actions or practices that violate moral or professional guidelines, often resulting in unfair or dishonest outcomes.

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