Which of the following isnt a contributory factor behind the heightened default risk of commercial real estate loan portfolios versus residential ones?

a. Reduced loan diversity

b. Greater loan size

c. Refinancing/balloon risk

d. More common use of non-recourse lending

4. Which of the following isnt a factor that will be considered when assessing default risk during the mortgage underwriting process?

a. Payment-to-Income Ratio

b. Building Insurance

c. Loan-to-Value Ratio

d. Default Insurance

5. The increased use of performance fees by real estate funds over the last two decades has led to funds being more cautious and retreating to Core investment strategies

a. True b. False