Freddie Study guides, Class notes & Summaries

Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. - ANSWER - Origination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is - ANSWER - Underwriting Which of the ...

appraisal - ANSWER-defined as an appraiser's opinion of value. Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. Principle o...

MLO Test Questions and answers correctly solved 2023/2024Which of the following best describes a 2nd mortgage loan? (A) A conventional mortgage that is conforming (B) A conventional mortgage that is non-conforming (C) A conforming loan that is non-conventional (D) A non-conforming loan that is non-conventional - correct answer (B) A conventional mortgage that is non-conforming WHY? Non-conforming because it is a Second Mortgage and that falls outside the Frannie Mae - Freddie Mac guide...

A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. secondary market The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. Federal Housing Finance Agency (FHFA) The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. Gov't. National Mortgage Association - Ginnie Mae ...

Freddie MAC 2024 Exam Questions and Answers SDLC - Answer- Software Development Life Cycle What position you want to interview for and why? - Answer- Technology analyst Multi- dimensional including infrastructure, developer, data analytics, system analyst skills. I like how the technology analyst doesnt specifically focus on one area. The position is literally everything I have wanted because it will allow me to show/develop my IT, Business, and social skills Freddie Mac - Answer- is a go...

Freddie MAC 2024 Exam Questions and Answers SDLC - Answer- Software Development Life Cycle What position you want to interview for and why? - Answer- Technology analyst Multi- dimensional including infrastructure, developer, data analytics, system analyst skills. I like how the technology analyst doesnt specifically focus on one area. The position is literally everything I have wanted because it will allow me to show/develop my IT, Business, and social skills Freddie Mac - Answer- is a go...

Freddie MAC 2024 Exam Answers SDLC - ANSWER- Software Development Life Cycle What position you want to interview for and why? - ANSWER- Technology analyst Multi-dimensional including infrastructure, developer, data analytics, system analyst skills. I like how the technology analyst doesnt specifically focus on one area. The position is literally everything I have wanted because it will allow me to show/develop my IT, Business, and social skills Freddie Mac - ANSWER- is a gov't sponsore...

The percentage of your gross monthly income that goes toward paying for your housing expenses is called the "housing expense ratio" and is based on the total housing payment, which includes: Ans: Principal, interest, property taxes, homeowner's insurance, mortgage insurance, homeowner's or condo association fees Lenders don't include your future housing payment in your debt-to-income ratio, only all other outstanding debts. Ans: False The principal amount is the total amount bor...

RBT test bank Exam questions with complete solutions 2023D Which data recording method would be best used to measure the time between when a cue was delivered and a learner responded to the cue? A) Duration B) Frequency C) Partial interval D) Latency A Susan's tantrums seemed to last longer with every passing day. Which data collection procedure would be the best to use to determine how long her tantrums last? A) Duration B) Frequency C) Partial interval D) Latency B Wh...

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