If Rates in the Market Fall Between Now and One

question 32

Multiple Choice

If rates in the market fall between now and one month from now,the mortgage banker:

• A) loses as the mortgages are sold at a discount.
• B) gains as the mortgages are sold at a discount.
• C) loses as the mortgages are sold at a premium.
• D) gains as the mortgages are sold at a premium.
• E) neither gains nor loses.

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Definitions:

White Supremacists

Individuals or groups who believe in the superiority of the white race and often advocate for the social, political, and economic dominance of whites.

Racial Purity

An ideology that advocates for the maintenance of a perceived genetic or cultural homogeneity within a race, often used to justify racist policies and practices.

Secure Boundaries

Secure Boundaries refer to clear, defined limits that protect individuals or groups from external harm or intrusion, contributing to a sense of safety and well-being.

Racist Past

Refers to historical periods or actions characterized by discrimination, prejudice, or antagonism directed against someone of a different race based on the belief that one's own race is superior.