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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 11
Warehousing in home mortgage lending refers to:
A) Short-term loans made by mortgage bankers to commercial banks.
B) Short-term loans made by commercial banks to mortgage bankers.
C) Long-term loans made by commercial banks to mortgage bankers.
D) Short-term loans to finance the construction of builder warehouses.
A) Short-term loans made by mortgage bankers to commercial banks.
B) Short-term loans made by commercial banks to mortgage bankers.
C) Long-term loans made by commercial banks to mortgage bankers.
D) Short-term loans to finance the construction of builder warehouses.
Explanation
Verified
Verified
The correct response is option B. Short-...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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