Technological advances have reduced the servicing costs on loans. What would happen to the discount factor applied

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Technological advances have reduced the servicing costs on loans. What would happen to the discount factor applied to value mortgages and mortgage- backed securities? Why?          Appendix

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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