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Which of the following is NOT a reason why financial institutions complete annual reviews on a borrower? Annual reviews are best practice due diligence associated
Which of the following is NOT a reason why financial institutions complete annual reviews on a borrower? Annual reviews are best practice due diligence associated with monitoring a borrower's loans Annual reviews help lenders to identify early warning signs, to mitigate credit risk, and to meet regulatory requirements Annual reviews give borrowers a sense of key loan parameters such as the interest rate, time to maturity, and security Annual reviews allow lenders to assess and meet the changing needs of borrowers
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