Mortgage

Chapter 11 The Mortgage Markets 11.1 Multiple Choice 1) Which of the pursuit argon primal ways in which owe merchandises differ from the acquit and amaze markets? A) The popular borrowers in the capital markets ar politics body entities and businesses, whereas the ordinary borrowers in the owe markets ar individuals. B) more or less mortgages be secured by sincere estate, whereas the majority of capital market borrowing is unsecured. C) Because mortgages argon made for varied amounts and different maturities, growth a secondary market has been more than difficult. D) All of the preceding(prenominal) are grand differences. E) Only (A) and (B) of the above are important differences. cause: D 2) Which of the side by side(p) are important ways in which mortgage markets differ from stock and hold markets? A) The plebeian borrowers in capital markets are governance entities, whereas the usual borrowers in mortgage markets are downcast businesses . B) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses. C) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses and individuals.

D) The usual borrowers in capital markets are businesses and government entities, whereas the usual borrowers in mortgage markets are individuals. Answer: D 3) Which of the following are uncoiled of mortgages? A) A mortgage is a long loanword secured by actual estate. B) A borrower pays off a mortg age in a combination of principal and rice ! beer honorariums that result in just payment of the debt by maturity. C) all over 80 percent of mortgage loans pay residential headquarters purchases. D) All of the above are true of mortgages. E) Only (A) and (B) of the above are true of mortgages. Answer: D 142 4) Which of the following are true of mortgages? A) A mortgage is a long-term loan secured by real estate. B)...If you want to get a full essay, order it on our website: BestEssayCheap.com

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