Multiple Choice
A mortgage loan officer is found to have provided false documentation that resulted in a lower interest rate on a loan approved for one of her friends.The loan was subsequently added to a loan pool,securitized and sold.Which of the following risks applies to the false documentation by the employee?
A) Market risk.
B) Credit risk.
C) Operational risk.
D) Technological risk.
Correct Answer:
Verified
Correct Answer:
Verified
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