Customer Loans Are Classified on a DTI's Balance Sheet as

Multiple Choice

Customer loans are classified on a DTI's balance sheet as

A) assets, because the DTI's major asset is its client base.
B) liabilities, because the customer may default on the loan.
C) assets, because the DTI earns servicing fees on the loan.
D) liabilities, because the DTI must transfer funds to the borrower at the initiation of the loan.
E) assets, because DTIs originate and monitor loan portfolios.