An Optional Delivery Commitment,gives Fannie Mae the Right (But Not

question 18

True/False

An optional delivery commitment,gives Fannie Mae the right (but not the obligation)to purchase mortgage loans from originators.

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Definitions:

Professionally Managed

Refers to a business or organization run by people with expert knowledge or qualifications in the field.

Plans And Manages Growth

The strategic approach taken by businesses to identify opportunities for expansion and systematically increase their market presence, scale, and operations.

Existence Stage

The initial phase in the life cycle of a business, where the main focus is to prove viability and establish a market presence.

Continuity

The aspect of business planning that focuses on creating systems and procedures to ensure ongoing operations during and after a disaster or disruption.