Solved

Mortgage Banks

Question 103

Multiple Choice

Mortgage banks:


A) Originate, sell and service mortgages
B) Hold most of the mortgages they make in their own portfolio
C) Cannot cross state lines
D) Are restricted in the interest rates they can charge on mortgages
E) Are another name for savings and loan associations that more accurately reflects what they do

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents