Freddie mac 2024 exam Study guides, Class notes & Summaries
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California State NMLS EXAM STUDY QUESTIONS 2024.
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California State NMLS EXAM STUDY QUESTIONS 2024. 
"Federal banking agencies" include: 
Answers 
 
A. The Director of the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, and FDIC 
 
B. Fannie Mae and Freddie Mac 
 
C. The Comptroller of the Currency and the National Credit Union Administration 
 
D. A and C - correct answer D. 
 
A borrower approaches a lender to refinance their existing negative amortization loan, which was originated by that 
same lender....
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Bundle For MACS Certification 2024 Exam Marking Scheme
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MacBeth Exam Answers

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MAC - Section End Questions All Answered

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Stadeolaíocht le Marcus Mac Conghail 2024 Exam Answers

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MAC AMCA EXAM With All Complete Solutions

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MACS Certification 2024 Exam Marking Scheme

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Freddie MA
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade.
- Exam (elaborations) • 23 pages • 2023
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. 
Real Estate 87 Economics 
Question 1 
. Compared to a 30-year loan, a 15-year loan usually has: 
 
B. a lower interest rate and a larger monthly payment 
 
 
Question 2 
What federal law requires lenders to disclose information that would help detect 
instances of redlining? 
 
C. Home Mortgage Disclosure Act 
 
Question 3 
Which of these types of income is least likely to be counted as part of a loan applicant...
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade.
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. 
Real Estate 87 Economics 
Question 1 
. Compared to a 30-year loan, a 15-year loan usually has: 
 
B. a lower interest rate and a larger monthly payment 
 
 
Question 2 
What federal law requires lenders to disclose information that would help detect 
instances of redlining? 
 
C. Home Mortgage Disclosure Act 
 
Question 3 
Which of these types of income is least likely to be counted as part of a loan applicant...
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NMLS S.A.F.E. Exam 7 Questions & Answers 2023/2024
- Exam (elaborations) • 36 pages • 2023
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NMLS S.A.F.E. Exam 7 Questions & Answers 2023/2024 
 
 
Loans are purchased as investments in the: 
 
A. Secondary mortgage market 
B. Primary mortgage market 
C. Reverse mortgage market 
D. Subprime mortgage market - ANSWER-A. Secondary mortgage market 
 
The acronym "CHARM" stands for: 
 
A. Cost Handbook for Adjustable-Rate Mortgages 
B. Credit History on Adjustable-Rate Mortgages 
C. Consumer Handbook on Adjustable-Rate Mortgages 
D. Customer Highlights for Adjustable-Rate Mortgages - ANSW...
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McKissock Basic Appraisal Principles Exam Questions With Correct Answers Latest 2024/2025 (Graded A+)
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McKissock Basic Appraisal Principles Exam Questions With Correct Answers Latest 2024/2025 (Graded A+) Which entity is responsible for establishing the requirements to become an appraiser? 
CORRECT ANSWERS: the AQB 
True or False: An applicant for Certified General appraiser must possess at least an associate's 
degree from an accredited college or university. CORRECT ANSWERS: False 
The requirements for state licensed and certified appraisers had their genesis in CORRECT 
ANSWERS: FIRREA 
An ap...
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade.
- Exam (elaborations) • 23 pages • 2023
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Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. 
Real Estate 87 Economics 
Question 1 
. Compared to a 30-year loan, a 15-year loan usually has: 
 
B. a lower interest rate and a larger monthly payment 
 
 
Question 2 
What federal law requires lenders to disclose information that would help detect 
instances of redlining? 
 
C. Home Mortgage Disclosure Act 
 
Question 3 
Which of these types of income is least likely to be counted as part of a loan applicant...
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McKissock Basic Appraisal Principles Exam QUESTIONS With Answers Latest 2024/2025 Graded A+.
- Exam (elaborations) • 39 pages • 2024
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McKissock Basic Appraisal Principles Exam QUESTIONS With Answers Latest 2024/2025 Graded A+. The primary purpose of USPAP is to protect CORRECT ANSWERS: public trust 
Normally the first step in highest and best use analysis is to research the uses that are 
CORRECT ANSWERS: legally permissible 
An appraiser is appraising a property with two structures on one tract of land. The client asks the 
appraiser not to mention the second structure, as it is in poor condition. Which statement is 
TRUE reg...
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Texas Principles of Real Estate 2 (2023/ 2024) Exam | Guide with Verified Answers| 100%
- Exam (elaborations) • 52 pages • 2023
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Texas Principles of Real Estate 2 (2023/ 2024) 
Exam | Guide with Verified Answers| 100% 
 
QUESTION 
 Loan Origination Fee? 
 
 
Answer: 
The financing charge that a lender requires. 
 
 
 
QUESTION 
 VA Loan? 
 
 
Correct 
Answer: 
A loan made to qualified veterans for the purchase of real property wherein the Department of 
Veteran's Affairs guarantees the lender payment of the mortgage. Guarenteed Loan. 
 
 
 
QUESTION 
 FHA Loans? 
 
 
Answer: 
Insured. 203b, 203h, Rehab loa...
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Texas Real Estate Finance Exam Questions 2024.
- Exam (elaborations) • 18 pages • 2024
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Texas Real Estate Finance Exam Questions 2024. 
secondary - ANSWER The _______ market refers to the selling and purchasing of closed real estate mortgage loans. 
 
bought and sold - ANSWER The secondary market is a national market in which mortgages secured by real estate in all parts of the United States are ______ ____ _______. 
 
buying loans, issuing mortgage backed securities - ANSWER Secondary market agencies have two main activities: 1) ___ _____ and 2) ______ ________ ________ _______. 
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