SOFE Exam AFE Topic 2 Question 99 Discussion

Actual exam question for SOFE's AFE exam

Question #: 99
Topic #: 2

[All AFE Questions]

Financial Statements provide additional valuable information on the loans. Some of the more significant information provided includes EXCEPT:

AThe valuation of the mortgage loan portfolio, including a description of the valuation basis for mortgage loans and income recognition

BThe recorded investment and interest past due on mortgages with interest more than 90 days past due

CThe recorded investment and number of mortgages on which interest has been reduced, and the percent the interest was reduced

DDisclosures of impaired loans: The total recorded investment in impaired loans at the end of each period

Show Suggested Answer

Suggested Answer: B

by Tanja at Apr 29, 2025, 08:45 PM

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