RE&FM terminology Question and answers correctly solved 2024/2025
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Course
REFM
Institution
REFM
RE&FM terminology Question and answers correctly solved 2024/2025 RE&FM terminology
mortgage - correct answer n.抵押贷款；抵押证书；v.用...作抵押;按揭贷款
underwater mortgage - correct answer An "underwater" mortgage is when the balance of the mortgage loan is higher ...
underwater mortgage - correct answer ✔An "underwater" mortgage is when
the balance of the mortgage loan is higher than the fair market value of the
property.
nominal price - correct answer ✔名义价格，未考虑通货膨胀
delinquency rates - correct answer ✔债务拖欠率
foreclosure - correct answer ✔抵押品赎取权的丧失
homeownership - correct answer ✔住房自有率
overinflated - correct answer ✔过于膨胀的
valuation - correct answer ✔估价
Deed in lieu of foreclosure - correct answer ✔A deed in lieu of foreclosure is
a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest
in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in
default and avoid foreclosure proceedings.
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