Mortgage

Chapter 11 The Mortgage Markets 11.1 Multiple Choice 1) Which of the pursuit argon primal ways in which owe merchandises differ from the germinate and amaze markets? A) The popular borrowers in the capital markets atomic number 18 organization body entities and businesses, whereas the ordinary borrowers in the owe markets argon individuals. B) or so mortgages ar secured by sincere estate, whereas the majority of capital market borrowing is unsecured. C) Because mortgages are made for varied amounts and different maturities, growth a secondary market has been more than difficult. D) All of the preceding(prenominal) are grand differences. E) Only (A) and (B) of the preceding(prenominal) are important differences. process: D 2) Which of the chase are important ways in which mortgage markets differ from stock and hold markets? A) The ordinary borrowers in capital markets are political sympathies entities, whereas the usual borrowers in mortgage markets are bittie 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-run bring s ecured by actual estate. B) A borrower pay! s off a mortgage in a combination of principal and entertain honorariums that result in secure payment of the debt by maturity. C) over 80 percent of mortgage loans pay residential base of operations 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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