Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market.The period between loan commitment and
Loan sale is referred to as the:
A) mortgage pipeline
B) mortgage note
C) mortgage fallout
D) mortgage term
Correct Answer:
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Q2: Recently, mortgage banking has become the natural
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Q9: Suppose that a mortgage bank "locked in"
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Q17: Throughout the process of originating and selling
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