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부동산

Check Your Understanding-Answers

 

  1. If lenders intend to sell mortgages in the secondary market, what must they do? 

    Use the standardized procedures - called uniform procedures - outlined in the Fannie Mae and Freddie Mac forms.
     
  2. List the steps of underwriting. 

    Qualify the buyer. 
    Qualify the property. 
    Decide yes or no to the loan.

     
  3. What makes up a mortgage? 

    A mortgage has two parts: debt and security for the debt.
     
  4. What actions does a lender take to sell a mortgage in the secondary market? 

    The original lender signs the note over to a third party investor or other mortgage company and then executes a document called an assignment of mortgage. 
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2147
Notice 부동산 용어 (A to Z) 2019.03.03 1379
261 Chapter 9 Conclusion 2019.04.15 77
260 Chapter 9 Quiz 2019.04.15 165
259 Real Estate Practice - 21 (Understanding-Answers) 2019.04.16 59
258 Real Estate Practice - 22 (Understanding-Answers) 2019.04.16 85
257 Chapter 10 Conclusion 2019.04.16 99
256 Chapter 10 Quiz 2019.04.16 169
255 Real Estate Practice - 23 (Understanding-Answers) 2019.04.16 77
254 Real Estate Practice - 24 (Understanding-Answers) 2019.04.16 56
253 Chapter 10 Conclusion 2019.04.16 91
252 Chapter 11 Quiz 2019.04.16 222
251 Real Estate Practice - 25 (Understanding-Answers) 2019.04.26 862
250 Real Estate Practice - 26 (Understanding-Answers) 2019.04.26 65
249 융자 프로그램의 종류 2019.04.26 63
248 Real Estate Practice - 27 (Understanding-Answers) 2019.04.26 84
247 Chapter 12 Conclusion 2019.04.26 173
246 Chapter 12 Quiz 2019.04.26 284
245 Real Estate Practice - 28 (Understanding-Answers) 2019.04.26 99
» Real Estate Practice - 29 (Understanding-Answers) 2019.04.27 66
243 Real Estate Practice - 30 (Understanding-Answers) 2019.04.27 71
242 Chapter 13 Conclusion 2019.04.27 202
241 Chapter 13 Quiz 2019.04.27 205
240 Real Estate Practice - 31 (Understanding-Answers) 2019.04.27 95
239 Real Estate Practice - 32 (Understanding-Answers) 2019.04.27 80
238 Chapter Conclusion Chapter 14 2019.04.27 154
237 Chapter 14 Quiz 2019.04.27 598
236 Real Estate Practice - 33 (Understanding-Answers) 2019.04.29 99
235 Chapter 15: Using Real Estate Assistants Summary 2019.04.29 90
234 Chapter 15 Quiz 2019.04.29 160
233 Real Estate Practice - 34 (Understanding-Answers 2019.04.29 86
232 Real Estate Practice - 35 (Understanding-Answers 2019.04.29 94