Who Does Not Lend Their Money, but Instead Earns a Fee

question 9

Multiple Choice

Who does not lend their money, but instead earns a fee for bringing a borrower and lender together?

• A) mortgage banker
• B) mortgage broker
• C) mortgage consultant
• D) mortgage investor

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Definitions:

File System

The method and data structure that an operating system uses to keep track of files on a disk or partition; the system by which files are named, stored, and organized.

Format

A command that prepares a disk for use.

Hard Drive

A data storage device that uses magnetic storage to store and retrieve digital information using one or more rigid rapidly rotating disks (platters) coated with magnetic material.

Time-of-Day Restrictions

Regulations or settings that limit or allow certain actions or activities based on the time of day, commonly used in access control systems and software applications.