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shepherd shepherd
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Posts: 2986
8 years ago
Which of the following is the primary reason that a mortgage lender may allow a rate modification to an existing mortgage holder with a fixed-rate mortgage?
A) the borrower does not have to pay closing costs
B) the borrower may obtain a new mortgage from another lender
C) the borrower receives a lower interest rate
D) the lender receives a one-time fee
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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Posts: 2938
8 years ago
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shepherd Author
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8 years ago
BRILLIANT!
wrote...
8 years ago
My pleasure
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