Define amortization, Which of the following caps on

Define amortization

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Reference no: EM131478570

Question: Which of the following caps on adjustable-rate mortgages can lead to negative amortization?

a. Interest rate caps

b. Payment caps

c. Both a and b can lead to negative amortization

d. Neither a nor b can lead to negative amortization.

Reference no: EM131478570

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