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Question
Subprime mortgages refer to mortgages securing loans for consumers
A. at an interest rate lower than the prime interest rate established by the Federal Reserve Bank.
B. who own property that cannot pass a reasonable safety inspection.
C. with excellent credit worthiness at a lower than ordinary market rate.
D. who do not qualify for ordinary market rates due to a lack of credit worthiness.
E. with excellent credit worthiness at a zero rate of interest.
Answer
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