According to the 2007 interagency statement on subprime mortgage lending, what should an institution offering mortgage l

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answerhappygod
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According to the 2007 interagency statement on subprime mortgage lending, what should an institution offering mortgage l

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According to the 2007 interagency statement on subprime mortgage lending, what should an institution offering mortgage loans to subprime borrowers provide before submission of an application?

A. Information on local residential real property values
B. Payment shock information
C. Truth in Lending disclosures
D. Initial escrow statements
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