Choose the One Most Appropriate Answer for Each

question 70

Multiple Choice

Choose the one most appropriate answer for each.
-the market in which lenders originate loans and make funds available to borrowers

• A)alienation clause
• B)automated underwriting systems
• C)computerized loan origination
• D)disintermediation
• E)due-on-sale clause
• F)Fannie Mae
• G)Farmer Mac
• H)Fiat money
• I)FIRREA
• J)Freddie Mac
• K)Ginnie Mae
• L)mortgage broker
• M)mortgage company
• N)mortgage-backed securities
• O)municipal bonds
• P)participation certificates
• Q)prepayment penalty
• R)primary market
• S)secondary mortgage market
• T)usury

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Definitions:

Price of Goods

The amount of money required to purchase a particular product or service in the marketplace.

Advancement in Technology

describes improvements in technology that often lead to increased productivity, efficiency, and the creation of new products or processes.

Number of Producers

Refers to the total count or quantity of manufacturers or suppliers of a particular good or service in a market.

Input Prices

The cost of goods, services, and materials that are used to produce other goods or services.