Freddie mac - Study guides, Class notes & Summaries

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...

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 ...

Freddie Mac - Credit Smart Exam Questions And Answers ...

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...

Freddie Mac - Credit Smart Exam Questions And Answers Latest Update /Freddie Mac - Credit Smart Exam Questions And Answers Latest Update /Freddie Mac - Credit Smart Exam Questions And Answers Latest Update

Freddie mac - credit smart exam questions and answers/Freddie mac - credit smart exam questions and answers/Freddie mac - credit smart exam questions and answers

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 - Credit Smart Exam Questions And Answers.Freddie Mac - Credit Smart Exam Questions And Answers.Freddie Mac - Credit Smart Exam Questions And Answers.Freddie Mac - Credit Smart Exam Questions And Answers.Freddie Mac - Credit Smart Exam Questions And Answers.Freddie Mac - Credit Smart Exam Questions And Answers.