The Federal National Mortgage Association is
A) a division of Housing and Urban Development (HUD)
B) a division of the U. S. Treasury
C) an independent agency similar to the Federal Reserve
D) a government sponsored privately owned corporation
Correct Answer:
Verified
Q34: As a rule of thumb, one point
Q35: Assumable loans change interest rates
A) when interest
Q36: A rate floor in an ARM
A) is
Q37: Negative amortization of a mortgage loan may
Q38: In order for the seller of securitized
Q40: Government National Mortgage Association is
A) a division
Q41: Real Estate Investment Trusts tend to special
Q42: Private mortgage insurance is used to
A) reduce
Q43: Retail banking refers to
A) providing banking services
Q44: Credit cards are one example of
A) open-end
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