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Which of the following activities most significantly increases the risk that a bank will make poor-quality loans to its customers?
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B. Borrowers may not sign all required mortgage loan documentation.
C. Loan officers may override the lending criteria established by senior management.
D. Fees paid by the borrower at the time of the loan may not be deposited in a timely manner.
Answer: C
NEW QUESTION: 2
Which of the following is MOST helpful in developing key risk indicator (KRl) thresholds?
A. Loss expectancy information
B. Control performance predictions
C. IT service level agreements (SLAs)
D. Remediation activity progress
Answer: A
NEW QUESTION: 3
In order to be considered for the Match Pay process, what three of the following SECURE RESOURCES statuses must a shipment be assigned? (Choose three.)
A. Booked
B. Pickup Notification
C. BOL
D. Accepted
Answer: A,B,C
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