Goal programming provides a method for simultaneously striving to achieve several objectives
Indicate whether this statement is true or false.
Answer: TRUE
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A lender is gathering information on loans for the purposes of HMDA reporting. Loans made on which of the following property types may be left out of the lender's reports?
a. Duplexes b. Apartment buildings c. Travel trailers d. Vacation homes
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Conventional loans are distinguished from FHA insured loans by all of the following, except:
A: Conventional loans provide for a lower loan-to-value ratio; B: FHA loans generally provide for a longer repayment period; C: Conventional loans always permit a deficiency judgment, while FHA loans never allow them; D: Interest rates on FHA loans are generally lower than those on conventional loans.
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