Question 50.3. Which non-interest rate factor does not necessarily trigger a mortgage prepayment? | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Explanation:
An assumable mortgage is the exception. Due on sale, default, and destruction due to disaster can trigger prepayment, but an assumable mortgage does not necessarily do so.
Get started today
Ultimate access to all questions.
Comments (0)
No comments yet.
Question 50.3. Which non-interest rate factor does not necessarily trigger a mortgage prepayment?