Of the following, which is NOT one of the main elements of ADI lending standards in relation to housing loans in Australia?

a. All borrowers are required to take out lenders mortgage insurance (LMI).

b. Loans are made to borrowers who have been assessed as having the capacity to repay.

c. Loans generally do not exceed 80 per cent of the propertys value.

d. The lender has reliable documentary evidence supporting the borrowers capacity to repay and of the propertys value.

e. Loans are secured.