TEXAS REAL ESTATE FINANCE FINAL COMPLETE
STUDY GUIDE 2026 FULL QUESTIONS AND
SOLUTIONS GUARANTEED PASS
◉ Allows for unequal shares of ownership.. Answer: A. TENANTS IN
COMMON - CORRECT
B. Joint Tenancy
C. Tenancy by the entirety
D. Freehold estates
◉ Defined as a social science that studies how individuals, governments,
firms, and nations make choices on allocating scarce resources to satisfy
their unlimited wants.. Answer: A. Finance
B. Social Studies
C. History
D. ECONOMICS - CORRECT
◉ The Federal Open Market Committee is the Fed's:. Answer: A.
MONETARY POLICY-MAKING BODY - CORRECT
B. Supplies funds to member banks
C. Is one of the 12 Federal Reserve Banks
D. Provides general oversight for the Fed.
◉ Which of the following is NOT necessary for money to function
well?. Answer: A. IT MUST BE IN U.S. CURRENCY - CORRECT
,b. It must be easily measured to determine its actual value.
C. It must not deteriorate quickly
D. It must be widely accepted by buyers and sellers.
◉ Redlining is prohibited by. Answer: A. RESPA
B. TILA
C. CRA - CORRECT
D. HUD
◉ This Act ensures that consumers throughout the nation are provided
with more helpful information about the cost of the mortgage settlement
and are protected from unnecessarily high settlement charges caused by
certain abusive practices.. Answer: A. Dodd-Frank
B. RESPA - CORRECT
C. TILA
D. Regulation Z
◉ The goal of this Act was to reduce fraud by encouraging states to
establish minimum standards for the licensing and registration of state-
licensed mortgage loan originators.. Answer: A. SAFE - CORRECT
B. ECOA
C. CRA
D. Dodd-Frank
, ◉ This Act governs the process by which federal agencies develop and
issue regulations.. Answer: A. APA (ADMINISTRATIVE
PROCEDURES ACT) - CORRECT
B. SAFE
C. Dodd-Frank
D. CFPB
◉ The main purpose of _____________ is to provide financial
assistance to low and moderate income buyers by promoting mortgage
credit.. Answer: A. FNMA
B. FHLMC
C. GNMA - CORRECT
D. Farmer Mac
◉ These are the most common type of mortgage-backed securities
established by the Tax Reform Act of 1986.. Answer: A. MBS
B. REIT
C. ECOA
D. REMIC - CORRECT
◉ _____________________ typically aim to build commercial
mortgage loan portfolios that are diversified by property type and
geography as well as in accordance with applicable investment
guidelines.. Answer: A. Pension funds
B. Commercial banks
STUDY GUIDE 2026 FULL QUESTIONS AND
SOLUTIONS GUARANTEED PASS
◉ Allows for unequal shares of ownership.. Answer: A. TENANTS IN
COMMON - CORRECT
B. Joint Tenancy
C. Tenancy by the entirety
D. Freehold estates
◉ Defined as a social science that studies how individuals, governments,
firms, and nations make choices on allocating scarce resources to satisfy
their unlimited wants.. Answer: A. Finance
B. Social Studies
C. History
D. ECONOMICS - CORRECT
◉ The Federal Open Market Committee is the Fed's:. Answer: A.
MONETARY POLICY-MAKING BODY - CORRECT
B. Supplies funds to member banks
C. Is one of the 12 Federal Reserve Banks
D. Provides general oversight for the Fed.
◉ Which of the following is NOT necessary for money to function
well?. Answer: A. IT MUST BE IN U.S. CURRENCY - CORRECT
,b. It must be easily measured to determine its actual value.
C. It must not deteriorate quickly
D. It must be widely accepted by buyers and sellers.
◉ Redlining is prohibited by. Answer: A. RESPA
B. TILA
C. CRA - CORRECT
D. HUD
◉ This Act ensures that consumers throughout the nation are provided
with more helpful information about the cost of the mortgage settlement
and are protected from unnecessarily high settlement charges caused by
certain abusive practices.. Answer: A. Dodd-Frank
B. RESPA - CORRECT
C. TILA
D. Regulation Z
◉ The goal of this Act was to reduce fraud by encouraging states to
establish minimum standards for the licensing and registration of state-
licensed mortgage loan originators.. Answer: A. SAFE - CORRECT
B. ECOA
C. CRA
D. Dodd-Frank
, ◉ This Act governs the process by which federal agencies develop and
issue regulations.. Answer: A. APA (ADMINISTRATIVE
PROCEDURES ACT) - CORRECT
B. SAFE
C. Dodd-Frank
D. CFPB
◉ The main purpose of _____________ is to provide financial
assistance to low and moderate income buyers by promoting mortgage
credit.. Answer: A. FNMA
B. FHLMC
C. GNMA - CORRECT
D. Farmer Mac
◉ These are the most common type of mortgage-backed securities
established by the Tax Reform Act of 1986.. Answer: A. MBS
B. REIT
C. ECOA
D. REMIC - CORRECT
◉ _____________________ typically aim to build commercial
mortgage loan portfolios that are diversified by property type and
geography as well as in accordance with applicable investment
guidelines.. Answer: A. Pension funds
B. Commercial banks
