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    Financial Institutions Management Study Set 2
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    Exam 8: Managing Interest Rate Risk Using Securitisation
  5. Question
    Assumable Mortgage Is a Mortgage Contract That Is
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Assumable Mortgage Is a Mortgage Contract That Is

Question 52

Question 52

Multiple Choice

Assumable mortgage is a mortgage contract that is:


A) transferred from the seller to the buyer of a house
B) assumed to be paid off
C) transferred from the buyer to the seller of a house
D) non-transferrable

Correct Answer:

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