Multiple Choice
The best explanation of computerized loan origination is:
A) a loan application can be analyzed by computer and approved if justified
B) information on a loan application can be stored for future use
C) loan information can be transmitted via computer to an underwriter for analysis
D) the computer lists all information required for loan analysis
Correct Answer:
Verified
Correct Answer:
Verified
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Q3: Which of the following is true of
Q4: Which of the following is NOT a
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