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Question
A finance company that makes loans to high risk customers is called a
A. subprime lender
B. commercial bank
C. factor
D. warehouse lender
E. credit lender
Answer
This answer is hidden. It contains 1 characters.
Related questions
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What is the total amount of net fee revenue generated from the mortgages over the year?
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A macro hedge is a hedge of a particular asset or liability exposure to a change in a macroeconomic variable.
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Due to convexity problems, banks are actually better off using the simpler repricing model to manage interest rate risk rather than the duration model.
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The cash flow from the interest a bank receives on a long-term loan that is normally reinvested is called the runoff from the loan.
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If a bank has a negative repricing gap, falling interest rates increase profitability.
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In a bank's three-month maturity bucket, a 30-year ARM with a rate reset in six months would be considered a fixed rate asset, but in its one-year maturity bucket, this ARM would be considered a rate-sensitive asset.
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