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REAL ESTATE FINANCE CHAMPIONS NEWEST COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ $17.99   Add to cart

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REAL ESTATE FINANCE CHAMPIONS NEWEST COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

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REAL ESTATE FINANCE CHAMPIONS NEWEST COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

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  • October 22, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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REAL ESTATE FINANCE CHAMPIONS NEWEST
COMPLETE 200 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

_____ 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. - ANSWER: Closing

The primary determinants of real estate values are supply and _____. - ANSWER:
Demand

_____ is something of value that can be pledged as security for repayment of a loan.
- ANSWER: Collateral

Servicing includes which of the following activities? - ANSWER: Maintaining records
of payment

The monetary policies of the _____affects interest rates and the availability of funds.
- ANSWER: Federal Reserve

An excess supply of money in the market results in monetary _____. - ANSWER:
Inflation

Which agency insures deposits in banks and thrift institutions for up to $250,000? -
ANSWER: The Federal Deposit Insurance Corporation

The _____ is the interest rate a reserve bank charges eligible financial institutions to
borrow funds on a short-term basis. - ANSWER: Discount rate

Raising taxes and increasing borrowing are two ways at the treasury level to: -
ANSWER: Raise funds to pay for government spending

The Fed uses three primary monetary policy tools to influence the cost and
availability of credit: open market operations, the discount rate, and _____. -
ANSWER: Reserve requirements

When the costs of production and services increase, causing manufacturing prices to
rise, it is called _____. - ANSWER: Cost-push inflation

Which of the following transactions is exempt from RESPA? - ANSWER: Temporary
loans

Under the _____, the use of certain terms in an advertisement triggers the need for
full disclosure of lending terms. - ANSWER: Truth in Lending Act

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