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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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe securitization, including the parties and the roles they play
CFA® 2025 Level I Curriculum, Volume 4, Module 17.