final exam finance ca realty.docx - 15.mortgage bankers are a type of intermediary also known as Correspondents 16.which statements best described

final exam finance ca realty.docx - 15.mortgage bankers are...

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15.mortgage bankers are a type of intermediary also known as Correspondents 16.which statements best described California position among the states for real estate lending dollar volume by insurance companies? 17. An example of a demand deposit is a (n) Checking account 18. Of the following types of real estate loans, commercial banks are the most interested in 19. what’s is the best major source of funds for the mortgage loans offered by savings and loan associations? 20.which of the following lenders have the most flexibility in mortgage lending operations?Commercial banks 21. Penalties for loan refusals based on the collateral location (redlining) are imposed by 22. Life insurance companies are least interested in 23. The following statements are general characteristics of mortgage brokers except that 24. Mortgage bankers 25. 26. Private real estte loan companies are primarily engages in 27. Negative amortization describes a loan balance that 28. Most real estste mortgage orginate as
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29. compared with 30 – year fixed – rate loans, 15 -year fixed rate loan to have higher
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