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Basic Question 5 of 10
The servicer of the loan ______.
II. notifies borrowers of their delinquencies
III. recovers and disposes off collateral
I. collects payments from borrowers
II. notifies borrowers of their delinquencies
III. recovers and disposes off collateral
User Contributed Comments 3
| User | Comment |
|---|---|
| idzani | Doesn't servicer of the loan mean borrower? |
| baggage | No a servicer is not a borrower, |
| MapherRdz | who is the servicer? |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2024 Level I Curriculum, Volume 4, Module 17.