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    Business
  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 26: Loan Sales
  5. Question
    A Loan Sale Occurs When an FI Originates a Loan
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A Loan Sale Occurs When an FI Originates a Loan

Question 7

Question 7

True/False

A loan sale occurs when an FI originates a loan and sells the loan without recourse to an outside buyer.

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