Minimum standards for mortgages, which have been established through rulemaking proceedings mandated by the Dodd-Frank Act, include a requirement to:
a. Offer all borrowers fixed-rate loans
b. Establish standards for the evaluation of the repayment ability of borrowers
c. Set minimum down payment requirements for all lending transactions
d. Prohibit the origination of subprime loans
Ans: d. Prohibit the origination of subprime loans
Business
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a. true b. false
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A ________ is a test market in which the product is sold through regular distribution channels
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