QUESTION 19

PART A:

Which of the following represents a technology that a bank could use to create a permanent ledger to record transactions, link these transactions to previous records, timestamp the transactions and create an immutable record of the transactions?

a.

regtech

b.

FICO scores

c.

CAMELS

d.

blockchain

e.

bitcoin

PART B:

In general, any loan to an individual to purchase a 10-year-old home would be considered:

a.

an interest-only loan

b.

a reverse annuity mortgage

c.

a consumer or personal loan

d.

a commercial loan

e.

a real estate loan