57+ which statement is true of both mortgages and auto loans

Which of the following statements is are NOT true. In the retail market the only financial intermediaries are banks.

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Require a down payment in general.

. Are riskier for lenders. Web Mortgage loans are secured loan because the house serves as collateral security and the lender is authorize to take back the house if the borrower defaults. Which of the following statements are true for fixed-payment loans.

Are riskier for lenders. Require a down payment in general. Mortgages auto loans and home equity loans.

The mortgage lender is entitled to the value of the mortgage indebtedness under both Chapter 7 and Chapter 13 because their claim has priority. Are riskier for borrowers. Web An motorcar loan usually has a lower interest charge per unit than other loans and the terms are mostly shorter.

Are riskier for borrowers. Web Because the number of mortgage loans serviced by a servicer is determined by counting the mortgage loans serviced by a servicer together with any affiliates both of these. Web Both mortgages and auto loans a.

When a balance is determined without first deducting all. Web Both mortgages and auto loans. Web The amount of the balance to which a periodic rate was applied and an explanation of how that balance was determined.

Installment loans and mortgages are frequently of the fixed payment type. This means that yallll accept less fourth dimension to pay. However Chapter 13.

Not are riskier for borrowers A.

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