The purpose of guidelines for National Banks to Guard against Predatory and Abusive Lending Practices- AL-2003-2 include

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

The purpose of guidelines for National Banks to Guard against Predatory and Abusive Lending Practices- AL-2003-2 include

Post by answerhappygod »

The purpose of guidelines for National Banks to Guard against Predatory and Abusive Lending Practices- AL-2003-2 includes all of the following EXCEPT:
A. Provide examples to national banks of practices that may be abusive
B. Advise banks on how they should avoid abusive practices
C. Banks should consider appropriate discount rates, credit loss rates, and prepayment rates when valuing these assets
D. Show how some abusive lending can involve unfair or deceptive practices and therefore violate the Federal Trade Commission Act
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!

This question has been solved and has 1 reply.

You must be registered to view answers and replies in this topic. Registration is free.


Register Login
 
Post Reply