Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. Credit funds extended to a home buyer by a private lender without a government guarantee of the home loan.
b. Loans secured by single family homes and other dwellings.
c. Loans secured by real property that is part of businesses and farms.
d. Guaranteed mortgage loans for the purchase of low-priced and medium-priced homes.
e.A federal agency, now privately owned, that was originally set up during the 1930s to develop a resale market for home mortgage loans and thereby provide lenders with an additional source of mortgage funding.

Question

Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. Credit funds extended to a home buyer by a private lender without a government guarantee of the home loan. 
b. Loans secured by single family homes and other dwellings. 
c. Loans secured by real property that is part of businesses and farms. 
d. Guaranteed mortgage loans for the purchase of low-priced and medium-priced homes. 
e.A federal agency, now privately owned, that was originally set up during the 1930s to develop a resale market for home mortgage loans and thereby provide lenders with an additional source of mortgage funding.

Quizplus · Accepted Answer

The Answer of Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. Credit funds extended to a home buyer by a private lender without a government guarantee of the home loan. 
b. Loans secured by single family homes and other dwellings. 
c. Loans secured by real property that is part of businesses and farms. 
d. Guaranteed mortgage loans for the purchase of low-priced and medium-priced homes. 
e.A federal agency, now privately owned, that was originally set up during the 1930s to develop a resale market for home mortgage loans and thereby provide lenders with an additional source of mortgage funding.

Using the The Description or the Definition Below, Identify Each