The Yield Spread Premium (YSP) is:
A)?The difference between the lowest mortgage rate the borrower qualifies for and the rate the mortgage broker is able to obtain
B)?The difference between the interest rate and the APR.
C)?The total amount for closing given in the GFE vs. the actual closing costs.
D)?The discount rate for FHA loans.
A
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Which of the following is true of the Greek bailout in 2010?
A) The exposure of foreign banks and other institutions was the smallest in France, Germany, Britain, the Netherlands, Italy, and Belgium. B) The European Central Bank (ECB) joined with the International Monetary Fund (IMF) to offer $1 trillion in loan guarantees to Europe's banks. C) The private- and public-sector banks and other institutions of Europe and the United States lent money only to one another. D) The U.S. dollar fell dramatically, and the euro became a safe haven.
A buying center whose members reach a decision based on a collective agreement is known as an autocratic buying center.
Answer the following statement true (T) or false (F)
The 1995 Federal Trademark Dilution Act allowed trademark owners to bring suit in federal court for trademark dilution
a. True b. False Indicate whether the statement is true or false
Which of the following statements describes the letter of credit?
a. It is a bank's obligation to pay a sum of money. b. It is issued by a bank on behalf of its customer. c. It is usually irrevocable. d. All of the above