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negative amortization is A. the number of basis points a lender adds to an index to determine the interest rate of an adjustable-rate mortgage B.
negative amortization is
A. the number of basis points a lender adds to an index to determine the interest rate of an adjustable-rate mortgage
B. the result of every interest-only mortgage loan.
C. insurance coverage on real estate that compensates the owner for physical damage to a property from fire, wind, or other hazard.
D. an increase in mortgage debt that occurs when the monthly payment is not large enough to cover the interest due.
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