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CHAMPIONS REAL ESTATE FINANCE
2026 WITH QUESTIONS AND
ANSWERS
_____ is the consummation of a contractual real estate transaction in which
all appropriate documents are signed, and the mortgage loan proceeds are
disbursed by the lender. - correct answer-Closing
The primary determinants of real estate values are supply and _____. -
correct answer-Demand
_____ is something of value that can be pledged as security for repayment
of a loan. - correct answer-Collateral
Servicing includes which of the following activities? - correct answer-
Maintaining records of payment
The monetary policies of the _____affects interest rates and the availability
of funds. - correct answer-Federal Reserve
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An excess supply of money in the market results in monetary _____. -
correct answer-Inflation
Which agency insures deposits in banks and thrift institutions for up to
$250,000? - correct answer-The Federal Deposit Insurance Corporation
The _____ is the interest rate a reserve bank charges eligible financial
institutions to borrow funds on a short-term basis. - correct answer-
Discount rate
Raising taxes and increasing borrowing are two ways at the treasury level
to: - correct answer-Raise funds to pay for government spending
The Fed uses three primary monetary policy tools to influence the cost and
availability of credit: open market operations, the discount rate, and _____.
- correct answer-Reserve requirements
When the costs of production and services increase, causing
manufacturing prices to rise, it is called _____. - correct answer-Cost-push
inflation
Which of the following transactions is exempt from RESPA? - correct
answer-Temporary loans
CHAMPIONS REAL ESTATE FINANCE
2026 WITH QUESTIONS AND
ANSWERS
_____ is the consummation of a contractual real estate transaction in which
all appropriate documents are signed, and the mortgage loan proceeds are
disbursed by the lender. - correct answer-Closing
The primary determinants of real estate values are supply and _____. -
correct answer-Demand
_____ is something of value that can be pledged as security for repayment
of a loan. - correct answer-Collateral
Servicing includes which of the following activities? - correct answer-
Maintaining records of payment
The monetary policies of the _____affects interest rates and the availability
of funds. - correct answer-Federal Reserve
, 2 |Page
An excess supply of money in the market results in monetary _____. -
correct answer-Inflation
Which agency insures deposits in banks and thrift institutions for up to
$250,000? - correct answer-The Federal Deposit Insurance Corporation
The _____ is the interest rate a reserve bank charges eligible financial
institutions to borrow funds on a short-term basis. - correct answer-
Discount rate
Raising taxes and increasing borrowing are two ways at the treasury level
to: - correct answer-Raise funds to pay for government spending
The Fed uses three primary monetary policy tools to influence the cost and
availability of credit: open market operations, the discount rate, and _____.
- correct answer-Reserve requirements
When the costs of production and services increase, causing
manufacturing prices to rise, it is called _____. - correct answer-Cost-push
inflation
Which of the following transactions is exempt from RESPA? - correct
answer-Temporary loans
