RE 130 - RE Finance/Loan Brokering

This class was created by Brainscape user Julian Gonda. Visit their profile to learn more about the creator.

Decks in this class (11)

Chapter 1 Quiz: FinTech, SAFE Act, and The Fed
All licensed registered mlos a ar...,
The safe act defines a mortgage l...,
All state licensed mlos must have...
10  cards
Chapter 2 Quiz: The Real Estate Cycle and the Secondary Market
Predatory loan practices include ...,
When the demand for housing incre...,
Millennials refers to persons who...
10  cards
Chapter 3 Quiz: Loan Fund Sources - Primary Market
What percentage of its net income...,
The collection of principal and i...,
A federally related transaction i...
10  cards
Chapter 4 Quiz: The Secondary Mortgage Market and Federal Credit Agencies
An investment is said to be liqui...,
Mortgage related securities are a...,
When a borrower prematurely stops...
10  cards
Chapter 5 Quiz: Ethics, Fraud, Consumer Protection, and Fair Lending
While the law sets minimum standa...,
Fraud for profit often involves a...,
The federal fair housing act is e...
10  cards
Chapter 6 Quiz: Federal Regulation (TILA/RESPA/TRID)
The purpose of the truth in lendi...,
Who is responsible for compliance...,
Which of the following loans woul...
10  cards
Chapter 7 Quiz: Finance Instruments
In a promissory note which is a w...,
A deed of reconveyence is the ret...,
A deficiency judgment a is part o...
10  cards
Chapter 8 Quiz: Overview of the Loan Process
An escrow agent a fills out the l...,
An appraiser a provides an opinio...,
A purchase agreement acceptance o...
10  cards
Chapter 9 Quiz: Conventional Financing
A mortgage that remains at the sa...,
A loan that exceeds fannie mae fn...,
Conforming loans meet what standa...
10  cards
Chapter 10 Quiz: Alternative Financing
A loan balance owed that grows ra...,
Alternate financing plans are mos...,
The payment of points to reduce t...
10  cards
Chapter 11 Quiz: Government Programs - FHA and VA Loans
The statutory fha down payment is...,
The fha maximum debt to income ra...,
The current basic maximum entitle...
10  cards

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RE 130 - RE Finance/Loan Brokering

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