Champions stuvia 2024 - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Champions stuvia 2024? On this page you'll find 27 study documents about Champions stuvia 2024.
Page 3 out of 27 results
Sort by
-
Real Estate Finance Champions Questions & Answers (RATED A)
- Exam (elaborations) • 6 pages • 2024
-
Available in package deal
-
- $10.99
- + learn more
Origination - ANSWERThe process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower 
 
Credit reports will be ordered, in most cases from all three major national credit reporting agencies: - ANSWERExperian, Equifax, and TransUnion 
 
Not all creditors will report to all three, they will - ANSWEREach reporting agency will report a different credit score for the borrower 
 
Underwriting - ANSWERThe detailed process of evaluating a borrower's l...
-
Champions Real Estate Finance 100% Correct!!
- Exam (elaborations) • 5 pages • 2024
-
Available in package deal
-
- $9.89
- + learn more
_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - ANSWERClosing 
 
The primary determinants of real estate values are supply and _____. - ANSWERDemand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - ANSWERCollateral 
 
Servicing includes which of the following activities? - ANSWERMaintaining records of payment 
 
The monetary poli...
-
Champions Real Estate Finance Exam 2024 Questions and Answers 100% Correct!
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
Loan Processing - ANSWER-The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision 
 
Underwriting - ANSWER-The process of evaluating a borrower's loan application to determine the risk involved for the lender 
 
Funding - ANSWER-The process of transferring funds to a title or escrow company for disbursement 
 
Servicing - ANSWER-Sending monthly payment statements and collecting monthly payments, maintaining payment r...
-
Champions Real Estate Finance Exam 2024 Questions and Answers (Graded A+)
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
Federal National Mortgage Association (FNMA) known as, Fannie Mae - ANSWER-began in 1938 as an agency of the federal government In 1968, Fannie Mae became a privately owned and managed corporation Fannie Mae operates exclusively in the secondary market and provides support to mortgage lending institutions in the primary market. 
 
Freddie Mac is a federally chartered corporation established as the Federal Home Loan Mortgage Corporation (FHLMC) - ANSWER-in 1970 for the purpose of purchasing mortg...
-
Champions Real Estate Finance Exam 2024 Questions and Answers 100% Verified
- Exam (elaborations) • 5 pages • 2024
-
Available in package deal
-
- $10.49
- + learn more
_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. -ANSWER- Closing 
 
The primary determinants of real estate values are supply and _____. -ANSWER- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. -ANSWER- Collateral 
 
Servicing includes which of the following activities? -ANSWER- Maintaining records of payment
Make study stress less painful
-
Champions Real Estate Finance Exam 2024 Questions and Answers 100% Accurate(GRADED A+)
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
Congress created the Federal Housing Administration in - ANSWER-1934 
 
In order to qualify for exemption from capital gains, the property must have been the primary residence for two of the previous ___ years - ANSWER-5 years 
 
A loan with no discount points is known as a - ANSWER-Par loan 
 
What is Fiat money - ANSWER-Currency that is not backed up by any precious metals 
 
At the treasury level, funds can be raised to pay for government spending by increasing borrowing and _____ - ANSWER-Ra...
-
Champions Real Estate Finance Exam 2024 Questions and Answers 100% Verified!
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. -ANSWER- Closing 
 
The primary determinants of real estate values are supply and _____. -ANSWER- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. -ANSWER- Collateral 
 
Servicing includes which of the following activities? -ANSWER- Maintaining records of payment 
 
The monetary ...
Study stress? For sellers on Stuvia, these are actually golden times. KA-CHING! Earn from your study resources too and start uploading now. Discover all about earning on Stuvia