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Basic Question 5 of 10
The servicer of the loan ______.
II. notifies borrowers of their delinquencies
III. recovers and disposes off collateral
I. collects payments from borrowers
II. notifies borrowers of their delinquencies
III. recovers and disposes off collateral
User Contributed Comments 3
| User | Comment |
|---|---|
| idzani | Doesn't servicer of the loan mean borrower? |
| baggage | No a servicer is not a borrower, |
| MapherRdz | who is the servicer? |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2024 Level I Curriculum, Volume 4, Module 17.