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Which of the following is a requirement in order for a loan to be grandfathered under the AICPA independence rules? No loans are eligible for
Which of the following is a requirement in order for a loan to be grandfathered under the AICPA independence rules? No loans are eligible for grandfathering The estimated fair value of the collateral for the loan is greater than or equal to the outstanding balance during the term of the loan The loan was obtained before May The only type of loan eligible for grandfathering is a mortgage loan collateralized by the borrower's primary residence 
Which of the following is a requirement in order for a loan to be grandfathered under the AICPA independence rules?
No loans are eligible for grandfathering
The estimated fair value of the collateral for the loan is greater than or equal to the outstanding balance during the term of the loan
The loan was obtained before May
The only type of loan eligible for grandfathering is a mortgage loan collateralized by the borrower's primary residence
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