Freddie Mac offers an "expedited" collateral assessment which means
A) no appraisal is necessary
B) must only assure that property exists
C) a short appraisal at lender's option which may be completed within two hours
D) it can only be used if property is in a recognized subdivision
Correct Answer:
Verified
Q1: An automated underwriting system is one that:
A)
Q2: Mortgage loan origination software must increasingly be
Q3: An ownership interest of one percent or
Q4: Which of the following is true about
Q5: The best explanation of computerized loan origination
Q6: The advantage of a web site offering
Q7: Which of the following is NOT a
Q8: Even though greatly diminished in market share
Q10: Fannie Mae offers two automated underwriting programs,
Q11: Which of the following is true of
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