Choose the One Most Appropriate Answer for Each

question 49

Multiple Choice

Choose the one most appropriate answer for each.
-a law signed in 1989 which provided a sweeping revision of the regulatory authorities governing savings and loans

• 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:

Lead Paint

A type of paint that contains lead, a toxic metal, which can pose serious health risks if ingested or inhaled.

Tap Water

Water supplied to a house or building through a municipal or community water system.

Birth Defects

Abnormalities of structure, function, or metabolism present at birth that may lead to physical or mental disability.

24-hour Period

A full day; the time it takes the Earth to complete one full rotation on its axis, widely used as the basic unit of time in various daily activities and biological rhythms.