10. Which is not true of cramdowns? (LO 8-4) a. The lender may renegotiate the loan at...

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10. Which is not true of cramdowns? (LO 8-4)

a. The lender may renegotiate the loan at a lower interest rate.

b. The lender may renegotiate a lower principal balance.

c. The term comes from bankruptcy courts.

d. Bankruptcy courts have the jurisdiction to cram down mortgage loans.

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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Question Posted: Jul 26, 2024 04:01 AM

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10. Which is not true of cramdowns? (LO 8-4) a. The lender may renegotiate the loan at...

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Personal Finance Building Your Future

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