Fee packing, loan flipping, and balloon payment abuse are all examples of:
A. Pre-approval techniques
B. Derogatory credit information
C. Rate lock in
D. Predatory lending practices
Answer: D. Predatory lending practices
Business
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When determining the value of property, an appraiser would take into account the value of which of the following?
a. The bundle of rights b. Usefulness of the property c. Improvements to the land d. All of the above
Business
What is the difference between price-fixing and predatory pricing? How do governments discourage firms from engaging in such practices?
What will be an ideal response?
Business