Computerized loan origination is a procedure that allows a real estate agent to
A) analyzed a loan without consulting a qualified underwriter.
B) approve and fund mortgage loans in house
C) assist an applicant for a mortgage loan and transmit the information via computer to a lender
D) set its own standards for loan qualification.
Correct Answer:
Verified
Q2: A basic difference between mortgage companies and
Q3: Mortgage brokers residential mortgage loan market share
Q4: Most RMBS issued by Fannie Mae and
Q5: The continued acceptance and growth of Real
Q6: The slow recovery in the Mortgage Backed
Q7: The fee a mortgage lender charges for
Q8: Automated underwriting means
A) used only by Internet
Q9: While the distinction between mortgage bankers and
Q10: The growing complexity of mortgage loans and
Q11: The Farm Credit System consists primarily of
A)
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