- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 17. Fixed-Income Securitization
- Subject 2. The Securitization Process
CFA Practice Question
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
Correct Answer: I, II and III
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? |