In Regards the Risks Associated with Mortgage Origination, Price Risk

question 3

True/False

In regards the risks associated with mortgage origination, price risk refers to the adverse effects on the value of the pipeline if mortgage rates in the market rise.

Distinguish between different types of warranties and their coverages.

Recognize the phases of the consumer buying process.

Evaluate personal opportunity costs in consumer purchases.

Know the legal resources available to consumers including small claims court and class-action suits.