State and municipal housing authorities are able to offer lower cost home loans because
A) the money loaned is raised through the sale of tax-exempt bonds.
B) tax money is used to subsidize the home buyer's costs.
C) administrative costs are paid for by the government agencies involved.
D) all issues are of such large scale that costs are lower.
Correct Answer:
Verified
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
Q6: The secondary market for mortgages can be
Q7: The primary purpose of federal agency underwriting
Q8: A unit of measure when used as
Q10: Which of the following entities in not
Q11: To purchase loans for portfolio means to
A)
Q12: A mortgage pool can be described as
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