Finance
Predatory lending practices include:
AOffering competitive mortgage rates to all qualified borrowers
BTargeting vulnerable borrowers with excessive fees, unfair terms, or loans unsuitable for the borrower✓ Correct
CRequiring mortgage insurance on high-LTV loans
DCharging standard origination fees
Explanation
Predatory lending involves deceptive or abusive loan practices that exploit vulnerable borrowers, such as excessive fees, balloon payments, prepayment penalties, and equity stripping.
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