Multiple Choice
The key feature of a loan assignment is that all rights are:
A) negotiated at the time of sale, meaning the loan buyer can opt to hold a direct claim on the borrower
B) are transferred on sale, meaning the loan buyer now holds a direct claim on the borrower
C) are not transferred on sale and can be sold later
D) None of the listed options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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