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Which of the following is FALSE? Subprime mortgages are mortgages for which the borrower doesn't...

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Which of the following is FALSE? Subprime mortgages are mortgages for which the borrower doesn't meet the usual credit requirements. O Mortgages are generally amortized, meaning that each payment is made up of both interest and principal. Points are fees paid at closing to insure a clear title to the property. Securitization of mortgages allows lenders to remove the mortgages from their balance sheets, thereby freeing up cash to lend to more borrowers. O Mortgage sales can generate fee income for the originator of the mortgage

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