Question: Select two. How does the mortgage industry mitigate its risk? Loans are paid off over the course of 3 0 years. The lender has a
Select two. How does the mortgage industry mitigate its risk?
Loans are paid off over the course of years.
The lender has a security interest in the property.
By realizing profit as the debt is repaid.
Lenders sell mortgages in the secondary market.
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