Commercial loan agreements should contain which of the following: a. representations b. fees and charges c. means of repayment d. all of the above In order for the seller of securitized securities to...

Commercial loan agreements should contain which of the following:

representations

fees and charges

means of repayment

all of the above

In order for the seller of securitized securities to remove the assets (i.e. mortgages) from the balance sheet, the sale must

have a service agreement

be overcollateralized

be without recourse

be made at a discount (original issue discount)

Banks may deny creditworthy borrowers loan requests if

they are non-corporate entities

they are on late on paying taxes

the loan is too risky

they are individuals

Chattel mortgages refer to

a security agreement using corporate assets

a security agreement using commercial equipment

a security agreement using intangible property

a security agreement using tangible personal property

Jun 09, 2022

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