Câu 99: CRCM: Certified Regulatory Compliance Manager

ABC National Bank regularly purchases mortgage loans from ACME Mortgage Company, a local mortgage broker. ACME places a mandatory arbitration clause in each of its mortgage documents. ACME believes this clause is necessary because of state laws governing arbitration. Is this clause a problem for ABC National?

1. A. No, unless other predatory or abusive lending practices are evident in the loans sold by ACME. — đáp án hiện tại
2. B. Yes, the clause is a sign of an abusive lender, and the bank should not purchase the loans.
3. C. Yes, the bank should make ACME strike the clause from future loans.
4. D. No, this is a common practice and the bank can ignore it.