Mortgage companies tend to lend their own money and retain the loans in their portfolio.
Correct Answer:
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Q22: The basic role of the GNMA is
Q23: Fannie Mae buys and sells all mortgages
Q24: Computerized Loan Origination (CLO)programs are available to
A)
Q25: Life insurance companies do no get involved
Q26: FHLMC was formed primarily to provide a
Q28: Commercial banks tend to favor long term
Q29: Municipal bonds that provide a source of
Q30: Other lenders providing mortgage money might include
A)
Q31: The term "usury" in the field of
Q32: Computerized Loan Origination is limited to regulated
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