Multiple Choice
Choose the one most appropriate answer for each.
-penalty for paying a loan off prior to maturity
A) alienation clause
B) automated underwriting systems
C) computerized loan origination
D) disintermediation
E) due-on-sale clause
F) Fannie Mae
G) Farmer Mac
H) Fiat money
I) FIRREA
J) Freddie Mac
K) Ginnie Mae
L) mortgage broker
M) mortgage company
N) mortgage-backed securities
O) municipal bonds
P) participation certificates
Q) prepayment penalty
R) primary market
S) secondary mortgage market
T) usury
Correct Answer:

Verified
Correct Answer:
Verified
Q67: _ results when depositors take money out
Q68: Which of the following sources provides the
Q69: _ certificates allow a mortgage originator to
Q70: Choose the one most appropriate answer for
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Q73: One of the primary reasons for the
Q74: Choose the one most appropriate answer for
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Q76: Commercial banks tend to favor long term
Q77: Life insurance companies do no get involved