In Selling Loans,FIs Act as an Asset ________ and in Creating

question 21

Multiple Choice

In selling loans,FIs act as an asset ________ and in creating CMOs,FIs act as an asset ________.

• A)transformer; broker
• B)transformer; transformer
• C)broker; broker
• D)broker; transformer

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Definitions:

Gradualists

Individuals or groups advocating for slow or incremental changes rather than sudden and radical shifts, often in the context of social or political reforms.

Immediatists

Individuals or movements advocating for the immediate action or change, particularly in the context of abolishing slavery without delay.

Policies

are principles or courses of action adopted or proposed by an organization, government, or individual, intended to guide decisions and achieve rational outcomes.

Mid-Nineteenth Century

Refers to the period from 1850 to 1860, a time characterized by significant social, economic, and political changes in the United States, often associated with pre-Civil War tensions.