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Which of the following is TRUE? A. Tighter interest rate adjustment caps on an ARM means greater interest rate risk to lenders. B. A Price

Which of the following is TRUE?

A. Tighter interest rate adjustment caps on an ARM means greater interest rate risk to lenders.

B. A Price Level Adjusted Mortgage does not involve negative amortization.

C. The longer the time between rate adjustments on an adjustable-rate mortgage the more risk assumed by borrowers.

D. A reverse mortgage is structured as rising equity, rising debt loan.

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