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final exam finance ca realty

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final exam finance ca realty

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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?

It doesn’t allow real estate lending activity 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. 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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