Multiple Choice
In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banking companies in order to enable them to originate mortgage loans and hold the loans until the mortgage banking company can sell them in the secondary market. This type of financing is commonly referred to as:
A) Mortgage pipeline
B) Loan servicing
C) Warehousing
D) Loan underwriting
Correct Answer:
Verified
Correct Answer:
Verified
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