Ree final exam questions - Study guides, Class notes & Summaries

REE Final Exam Questions with complete solutions.

The element of an adjustable interest rate that is the "moving part" is the: A. Teaser rate B. Index C. Margin D. Adjustment period E. Adjustment caps Correct Answer-B. Index the index rate represents the lenders cost of funds. the index rate is determined by the market, whereas the other answers are all fixed and specified in the note. Suppose a bank recognizes substantial deterioration in a borrowers credit score and notifies him that he must pay his home equity line of credit in f...

REE Final Exam questions with complete solution1

With respect to bearing the risk of future property price fluctuations, which of the following lending relationships is viewed as the most risky from the borrower's perspective? Correct Answer-Straight debt Developers may be attracted to a _______________________which enables them to proceed with construction without long term financing, if they expect to sell the project or refinance into a permanent loan before the term of the ______________________expires. Correct Answer-Mini-perm loan ...

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REE 4433 Final Exam Questions with Complete Solution1

REE 4433 Final Exam Questions with Complete Solutions.

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REE 4043 Final Exam Questions with Complete Solutions.

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