a. What is the difference between a prime loan and a subprime loan? b. How are FICO
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a. What is the difference between a prime loan and a subprime loan?
b. How are FICO scores used in classifying loans?
c. What is an alternative-A loan?
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Loan Classification Prime Subprime and AlternativeA a Prime vs Subprime Loan The primary distinction between prime and subprime loans lies in the perc...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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