red, real property first-lien transaction to qualify as a high-cost mortgage, the APR must be how many more percentage points above the applicable average prime offer rate (APOR)? AQ 5.0 percentage points 6.5 percentage points 8.0 percentage points D 8.5 percentage points CO

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Aa 120.

For a covered, real property first-lien transaction to qualify as a high-cost mortgage, the APR must be how many more percentage
points above the applicable average prime offer rate (APOR)?
5.0 percentage points
6.5 percentage points
8.0 percentage points.
8.5 percentage points
60
CO
D
Transcribed Image Text:For a covered, real property first-lien transaction to qualify as a high-cost mortgage, the APR must be how many more percentage points above the applicable average prime offer rate (APOR)? 5.0 percentage points 6.5 percentage points 8.0 percentage points. 8.5 percentage points 60 CO D
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