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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 26: Loan Sales
  5. Question
    When an FI Sells a Loan Without Recourse, the Credit
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When an FI Sells a Loan Without Recourse, the Credit

Question 82

Question 82

True/False

When an FI sells a loan without recourse, the credit risk of the loan is completely eliminated from the FIs balance sheet.

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