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NEW QUESTION: 1
Underwriting standards in Subprime Mortgage Lending include:
A. Mitigating factors should be present when risk layering features are combined in order to support the underwriting decision and the borrower's repayment capacity
B. Stated income and reduced documentation loans to subprime borrowers should be made only if there are clear, documented mitigating factors
C. Institutions should have a clear policy governing the use of risk-layering features, such as reduced documentation loans or simultaneous second lien mortgages
D. The borrower's debt-to-income ratio should include the borrower's total yearly housing-related payments as a percentage of gross monthly income
Answer: D
NEW QUESTION: 2
A. Option D
B. Option B
C. Option C
D. Option A
Answer: B
Explanation:
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NEW QUESTION: 3
A. Option C
B. Option D
C. Option B
D. Option A
Answer: A,B
NEW QUESTION: 4
Which AWS services can be used to gather information about AWS account activity? (Select TWO.)
A. Amazon CloudWatch
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B. Amazon CloudFront
C. AWS Cloud9
D. AWS CloudHSM
E. AWS CloudTrail
Answer: A,E
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