Choose the One Most Appropriate Answer for Each

question 71

Multiple Choice

Choose the one most appropriate answer for each.
-securities issued, backed by the mortgages securing the loans and the full faith of the federal government

• 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:

Prefix

A group of letters placed before a word to modify its meaning or to form a new word.

Occlusion

The blockage or closure of a blood vessel or hollow organ, often leading to reduced flow or function.

Closing

The act or process of bringing something to an end or sealing off an entrance or passage.

Closed

Pertaining to a system, situation, or condition where no transfer or exchange with the external environment occurs; often used to describe wounds or spaces that are sealed off from the external environment.