As used in mortgage lending, yield means
A) the flexibility allowed in a mortgage loan.
B) to give priority to another.
C) the return of interest plus discount.
D) the interest earned on the loan.
Correct Answer:
Verified
Q1: Which of the following best describe the
Q2: Expansion of the secondary market into conventional
Q4: The distinguishing feature of a collateralized mortgage
Q5: If a discount is taken off the
Q6: The secondary market for mortgages can be
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)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents