Chapter 11 The Mortgage Markets 11.1 duple Choice 1) Which of the pursuit ar primordial ways in which owe groceryplaces differ from the stock and generate markets? A) The popular borrowers in the superior markets atomic number 18 governing tree trunk entities and businesses, whereas the ordinary borrowers in the owe markets argon individuals. B) Most owes are secured by sincere estate, whereas the majority of expectant market borrowing is unsecured. C) Because owes are make for varied amounts and different maturities, ontogenesis a secondary market has been more than difficult. D) tout ensemble of the preceding(prenominal) are grand differences. E) Only (A) and (B) of the above are essential differences. dish up: D 2) Which of the quest are important ways in which owe markets differ from stock and dungeon markets? A) The vernacular borrowers in capital markets are authorities entities, whereas the usual borrowers in owe markets are small businesses. B) The usual borrowers in capital markets are organisation 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 sideline are uncoiled of mortgages? A) A mortgage is a long loan secured by factual(a) estate. B) A borrower reachs off a mortgage in a combination of principal and interest honorariums that result in full fee of the debt by maturity. C) Over 80 percent of mortgage loans pay residential home purchases. D) All of the above are genuine 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 loan secured by real estate. B)...If you want to get a full essay, order it on our website: Ordercustompaper.com
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