Question: Select the least accurate statement regarding mortgages: Select one: a. All of the statements are accurate b. Subprime mortgages are mortgages where the borrowers do

Select the least accurate statement regarding mortgages:

Select one:

a. All of the statements are accurate

b. Subprime mortgages are mortgages where the borrowers do not qualify for a low credit rate because of a low credit score

c. Alternative A-papers are mortgages that are riskier than subprime

d. Jumbo mortgages are mortgages for loan amounts that exceed the maximum conforming limits allowed by the mortgage agencies Fannie Mae and Freddie Mac

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