Exam (elaborations)
AceableAgent Real Estate Principals 2 Questions & Answers 100% Correct!
- Course
- Institution
REO - ANSWERSWhat term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - ANSWERSA type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages ...
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