QUESTION 6 Fill in the blank: The borrowers default. has been found in numerous studies to be the single most important determinant of the likelihood of of a mortgage QUESTION 7 True or False: Studies have shown that the level of equity that a homeowner has in a property exhibits limited (slim to none) influence on the probability of default. True False QUESTION 8 Fill in the blank: The J is computed by dividing a borrowers (a) total monthly payments on a loan, including principal, interest and property taxes, and other debt payments such as auto loan and credit card payments, (b) by the borrowers pre-tax monthly income. QUESTION 9 Select the correct answer: Mortgage Backed Securities are usually evaluated in terms of their Legal Final Maturity Weighted Average Maturity Weighted Average Remaining Maturity Weighted Average Life Click Save and Submit to save and submit. Click Save All Answers to save all anstrens Save All Answers Close Window