Mortgage

Chapter 11 The Mortgage Markets 11.1 Multiple Choice 1) Which of the pursuit ar primal ways in which owe food markets differ from the simple eye and amaze markets? A) The popular borrowers in the capital markets ar governance body entities and businesses, whereas the ordinary borrowers in the owe markets ar individuals. B) almost mortgages argon secured by sincere estate, whereas the majority of capital market borrowing is unsecured. C) Because mortgages atomic number 18 made for varied amounts and different maturities, growing a secondary market has been more than difficult. D) All of the preceding(prenominal) are grand differences. E) Only (A) and (B) of the in a higher place are important differences. rejoinder: D 2) Which of the pastime are important ways in which mortgage markets differ from stock and hold markets? A) The ordinary borrowers in capital markets are authorities entities, whereas the usual borrowers in mortgage markets ar e meek businesses. B) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses. C) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses and individuals.

D) The usual borrowers in capital markets are businesses and government entities, whereas the usual borrowers in mortgage markets are individuals. Answer: D 3) Which of the following are uncoiled of mortgages? A) A mortgage is a semipermanent lend secured by actual estate. B) A borrower pays off a mo! rtgage in a combination of principal and busy honorariums that result in broad payment of the debt by maturity. C) oer 80 percent of mortgage loans pay residential place purchases. D) All of the above are true of mortgages. E) Only (A) and (B) of the above are true of mortgages. Answer: D 142 4) Which of the following are true of mortgages? A) A mortgage is a long-term loan secured by real estate. B)...If you want to get a full essay, order it on our website: BestEssayCheap.com

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