One Reasons for the Option ARM's Decline in Use Is

question 9

Multiple Choice

One reasons for the Option ARM's decline in use is

• A) better rate adjustment options on new innovative mortgage products.
• B) product was used for mortgagors that it was inappropriate for their risk profile.
• C) the 15 year option for amortization ceased to exist.
• D) the low interest rate environment.

---

Definitions:

Carotid Artery

A major artery that supplies blood to the brain, neck, and face.

Ventricles

The two lower chambers of the heart, or the four connected cavities in the brain, each having specific functions related to circulating blood or cerebrospinal fluid.

Internuncial Neurons

Neurons that act as intermediaries between sensory and motor neurons in the nervous system.

White Matter

Tissue in the brain and spinal cord made mostly of myelinated axons, facilitating the transmission of nerve signals.