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A lender is permitted to accept the employment information provided by the borrower on the...

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A lender is permitted to accept the employment information provided by the borrower on the initial loan application without asking for a letter of explanation in which of the following circumstances?

A.

The borrower lacks a history in an industry that requires specific skills.

B.

A recent college graduate holds a high-level position in the organization.

C.

The residence is more than 120 miles from the work location on a refinance.

D.

The borrower has been employed by the same company for three years.

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