Multiple Choice
Choose the one most appropriate answer for each.
-a real estate industry nickname for the Government National Mortgage Association
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
Q36: One may find financing for a single
Q37: Most loans contain a due-on-sale clause which
Q38: Other lenders providing mortgage money might include<br>A)
Q39: Mortgage _ do not lend their own
Q40: Which of the following are designed to
Q42: The primary market is typically divided into
Q43: Mortgage companies tend to lend their own
Q44: Choose the one most appropriate answer for
Q45: _ are sometimes a source of cash
Q46: To whom can a borrower turn for