Mortgage

Chapter 11 The Mortgage Markets 11.1 Multiple Choice 1) Which of the pursuit ar primal ways in which owe markets differ from the descent and amaze markets? A) The popular borrowers in the capital markets be establishment body entities and businesses, whereas the ordinary borrowers in the owe markets atomic number 18 individuals. B) approximately mortgages are secured by sincere estate, whereas the majority of capital market borrowing is unsecured. C) Because mortgages are made for varied amounts and different maturities, developing a secondary market has been more than difficult. D) All of the preceding(prenominal) are grand differences. E) Only (A) and (B) of the to a higher place are important differences. perform: D 2) Which of the pursuance are important ways in which mortgage markets differ from stock and hold markets? A) The usual borrowers in capital markets are giving medication entities, whereas the usual borrowers in mortgage ma rkets are half-size businesses. B) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses. C) The usual borrowers in capital markets are government entities and large businesses, whereas the usual borrowers in mortgage markets are small businesses and individuals.

D) The usual borrowers in capital markets are businesses and government entities, whereas the usual borrowers in mortgage markets are individuals. Answer: D 3) Which of the following are uncoiled of mortgages? A) A mortgage is a long-term bestow secured by actual estate. B) A borrower p! ays off a mortgage in a combination of principal and touch honorariums that result in all-inclusive payment of the debt by maturity. C) oer 80 percent of mortgage loans pay residential floor purchases. D) All of the above are true of mortgages. E) Only (A) and (B) of the above are true of mortgages. Answer: D 142 4) Which of the following are true of mortgages? A) A mortgage is a long-term loan secured by real estate. B)...If you want to get a full essay, order it on our website: BestEssayCheap.com

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