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Cscc Real Estate Finance Exam 1 Questions And Answers With Verified Solutions Already Passed Latest Updated 2024 $12.49   Add to cart

Exam (elaborations)

Cscc Real Estate Finance Exam 1 Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • CSCC
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Cscc Real Estate Finance Exam 1 Questions And Answers With Verified Solutions Already Passed Latest Updated 2024

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  • October 19, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CSCC
  • CSCC
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Cscc Real Estate Finance Exam 1
Questions And Answers With Verified
Solutions Already Passed Latest
Updated 2024
Dodd-Frank Act - ANSWER✔✔a law enacted in the aftermath of the financial
crisis of 2008-2009 that strengthened government oversight of financial markets
and placed limitations on risky financial strategies such as heavy reliance on
leverage


Real Estate Cycle - ANSWER✔✔A cycle which may differ from other business
cycles due to unique attributes and circumstances associated with real estate.


Collateral - ANSWER✔✔something having value that is given to secure
repayment of debt


Hypothecation - ANSWER✔✔To pledge property as security for an obligation or
loan without giving up possession of it.


Equitable Title - ANSWER✔✔Property ownership rights held by the purchaser in
conjunction with transferring legal title to the lender by a security deed. Owner
retains a right of redemption to reacquire the legal title from the lender when the
loan is paid off.


Disintermediation - ANSWER✔✔A situation when more funds are being
withdrawn than deposited


Leverage - ANSWER✔✔the use of borrowed money to supplement existing funds
for purposes of investment

, Primary Markets - ANSWER✔✔The mortgage market in which loans are
originated
Commercial banks
savings banks
life insurance companies
credit unions


secondary market - ANSWER✔✔the market in which previously issued securities
are traded among investors
Fannie Mae
Freddie mae
Ginnie Mae
federal home loan bank
private investors


What is money ? - ANSWER✔✔- A medium of exchange or means of payment
- a storehouse of purchasing power
- a standard of value


Money supply and cost of money - ANSWER✔✔buys goods ---- manufacturer of
goods produces more goods ---- manufacturer hires more workers ----- worker with
money


Prime rates - ANSWER✔✔a rate a commercial bank charges to its most
creditworthy customer or prime customers

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