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Question
Which of the following types of loan is also called a negative amortization loan?A. Participation loan
B. Accrual loan
C. Convertible loan
D. Interest-only loan.
Answer
This answer is hidden. It contains 2 characters.
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A mortgage pass-through bond (MPTB) can be described by all of the following except:
A. anMPTB can be viewed as a mortgage-backed bond with the pass-through of principal and prepayment features of a mortgage pass-through security.
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The standard PSA prepayment curve referred to in (TF 18-19) is known as a 1 percent PSA.
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Which of the following is NOT a benefit to Refinancing?
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When an investor does an investigation when considering acquisition of a property, this is referred to as:
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Which of the following is FALSE concerning Negative Amortization:
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Which of the following is TRUE regarding the incremental Cost of Borrowing :
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Given that every other factor is equal, which of the following ARM will have lowest expected cost?
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Appraisers use bracketing in order to estimate the upper and lower range of value.
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The capitalization rate is equal to the discount rate minus any expected annual growth in income and property value.
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What does an appraisal tell about the value of a property?
A. An appraisal calculates value
B. An appraisal confirms value
C. An appraisal estimates value
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Q:
Which of the following factors is NOT part of the definition of market value?
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Tax losses cannot be allocated to partners in a syndication.
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Using only the information above, what would the IRR be for an investment that cost $500 in period 0 and was sold for $750 in period 5?
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Q:
Which of the following statements is true about foreclosure?
A. In judicial foreclosure, property subject to attachment and execution is limited to the mortgaged property
B. If the sale of the mortgaged property realizes a price above the claims of the mortgage and expense of the sale, the balance goes to the mortgagor
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Which typically is NOT one of the settlement costs that are escrowed over the life of the loan?
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One of the following is not tax deductible for homeowners:
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