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Question 1 3 pts Which of the following statements is false? Vulture funds specialize in buying distressed loans. More than 9 0 percent of loan

Question

1

3

pts

Which of the following statements is false?

Vulture funds specialize in buying distressed loans.

More than

90

percent of loan sales are via assignments.

Loans sold to correspondent banks are predominantly sales of distressed HLT loans.

The buyer of a loan in a participation has a double

-

risk exposure: one to the borrower and one to the selling bank.

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