The secondary market for mortgages can be described as the
A) Operations of Fannie Mae/Freddie Mac.
B) Market for trading second mortgages.
C) Purchase and/or sale of mortgage loans after origination.
D) Market for trading in Ginnie Mae contracts.
Correct Answer:
Verified
Q1: Which of the following best describe the
Q2: Expansion of the secondary market into conventional
Q3: As used in mortgage lending, yield means
A)
Q4: The distinguishing feature of a collateralized mortgage
Q5: If a discount is taken off the
Q7: The primary purpose of federal agency underwriting
Q8: A unit of measure when used as
Q9: State and municipal housing authorities are able
Q10: Which of the following entities in not
Q11: To purchase loans for portfolio means to
A)
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