The numerator of the GDS is often increased to include home heating and homeowners association and other

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The numerator of the GDS is often increased to include home heating and homeowners’

association and other fees. When the GDS ratio is used for consumer credit, rent is substituted for mortgage payments, when applicable.

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 25, 2024 11:00 AM

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Financial Markets And Institutions

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