Although the Sources of Revenue Attributable to the Origination Function

question 27

Multiple Choice

Although the sources of revenue attributable to the origination function are technically origination fees and secondary marketing profits, another potential source is ________.

• A) servicing the mortgages they originate.
• B) collecting monthly payments from mortgagors and forwarding proceeds to owners of the loan.
• C) sending payment notices to mortgagors and reminding mortgagors when payments are overdue.
• D) All of these

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Definitions:

Digestive Organ

An organ that is part of the digestive system and helps in the breakdown and absorption of food, such as the stomach, liver, or intestines.

Optimum Temperature

The temperature at which a specific enzymatic or metabolic process achieves its highest rate of efficiency.

Optimum PH

The specific pH level at which an enzyme or biological process operates with maximum efficiency.

Amylase

Amylase is an enzyme produced mainly by the pancreas and salivary glands that helps in the digestion of carbohydrates by breaking down starches into sugars.