Package deal
RMLO CHAMPIONS SCHOOL OF REAL ESTATE EXAM PACKAGE DEAL
RMLO CHAMPIONS SCHOOL OF REAL ESTATE EXAM PACKAGE DEAL
[Show more]RMLO CHAMPIONS SCHOOL OF REAL ESTATE EXAM PACKAGE DEAL
[Show more]A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. - ANS secondary market 
 
The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. - ANS ...
Preview 2 out of 10 pages
Add to cartA market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. - ANS secondary market 
 
The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. - ANS ...
Primary Mortgage Market - ANS The market where borrowers and mortgage originators come together to negotiate terms and effectuate mortgage transaction. Mortgage brokers, mortgage bankers, credit unions and banks are all part of the primary mortgage market. 
 
Secondary Mortgage Market - ANS ...
Preview 3 out of 20 pages
Add to cartPrimary Mortgage Market - ANS The market where borrowers and mortgage originators come together to negotiate terms and effectuate mortgage transaction. Mortgage brokers, mortgage bankers, credit unions and banks are all part of the primary mortgage market. 
 
Secondary Mortgage Market - ANS ...
Loan Estimate (LE) - ANS A document delivered or mailed to customers by a lender within 3 business days of mortgage application. The _______ ______ provides an estimate of closing costs and fees as well as the loan terms. 
 
Appraisal Independence Requirements (AIR) - ANS Prohibit a mortgage...
Preview 4 out of 34 pages
Add to cartLoan Estimate (LE) - ANS A document delivered or mailed to customers by a lender within 3 business days of mortgage application. The _______ ______ provides an estimate of closing costs and fees as well as the loan terms. 
 
Appraisal Independence Requirements (AIR) - ANS Prohibit a mortgage...
Sending monthly payment statements and collecting 
monthly payments, maintaining payment 
records and following up on delinquencies. - ANS Servicing 
 
The process of creating a new mortgage loan - ANS Origination 
 
The process of collecting information about a borrower in order to build a lo...
Preview 2 out of 8 pages
Add to cartSending monthly payment statements and collecting 
monthly payments, maintaining payment 
records and following up on delinquencies. - ANS Servicing 
 
The process of creating a new mortgage loan - ANS Origination 
 
The process of collecting information about a borrower in order to build a lo...
Mortgage loan originators who make cold calls must comply with the requirements of the National Do-NotCall registry and the Do-Not-Call rules. The loan originator needs to update any download of the registry at least every: - ANS 31 days 
 
The appraisal approach that is used as the best indicat...
Preview 2 out of 9 pages
Add to cartMortgage loan originators who make cold calls must comply with the requirements of the National Do-NotCall registry and the Do-Not-Call rules. The loan originator needs to update any download of the registry at least every: - ANS 31 days 
 
The appraisal approach that is used as the best indicat...
RMLO - ANS Residential Mortgage Loan Originator 
 
Riparian Rights - ANS Unrestricted rights granted to owners of land located along the course of a river or stream. 
 
Littoral Rights - ANS Unrestricted rights granted to owners whose land borders oceans and large, navigable lakes that h...
Preview 4 out of 36 pages
Add to cartRMLO - ANS Residential Mortgage Loan Originator 
 
Riparian Rights - ANS Unrestricted rights granted to owners of land located along the course of a river or stream. 
 
Littoral Rights - ANS Unrestricted rights granted to owners whose land borders oceans and large, navigable lakes that h...
Brokerage - ANS The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction 
 
Property Managers are generally responsible for the following - ANS Day to Day operations, Maintenance and Tenant Relations 
 
RMLO - ANS Mortgage B...
Preview 3 out of 20 pages
Add to cartBrokerage - ANS The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction 
 
Property Managers are generally responsible for the following - ANS Day to Day operations, Maintenance and Tenant Relations 
 
RMLO - ANS Mortgage B...
_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - ANS Closing 
 
The primary determinants of real estate values are supply and _____. - ANS Demand 
 
_____ is somethi...
Preview 3 out of 21 pages
Add to cart_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - ANS Closing 
 
The primary determinants of real estate values are supply and _____. - ANS Demand 
 
_____ is somethi...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyclock. Stuvia facilitates payment to the seller.
No, you only buy these notes for $51.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
53340 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now