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Each of the following statements is correct regarding High Cost ( section 3 2 ) loans, EXCEPT: Select one: A . Negative amortization is prohibited

Each of the following statements is correct regarding High Cost (section 32) loans, EXCEPT:
Select one:
A. Negative amortization is prohibited
B. The interest rate of the loan cannot be increased if the loan goes into default
C. Balloon payments are prohibited for loans of less than five years (except for bridge loans)
D. Second homes and investment properties are not exempt from HOEPA
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