Champions Real Estate Finance Exam Latest Questions and Answers.

Champions Real Estate Finance Exam Latest Questions and Answers. ____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Correct Answer-Closing The primary determinants of real estate values are supply and _____. - Correct AnswerDemand _____ is something of value that can be pledged as security for repayment of a loan. - Correct Answer-Collateral Servicing includes which of the following activities? - Correct Answer-Maintaining records of payment The monetary policies of the _____affects interest rates and the availability of funds. - Correct Answer-Federal Reserve An excess supply of money in the market results in monetary _____. - Correct AnswerInflation Which agency insures deposits in banks and thrift institutions for up to $250,000? - Correct Answer-The Federal Deposit Insurance Corporation The _____ is the interest rate a reserve bank charges eligible financial institutions to borrow funds on a short-term basis. - Correct Answer-Discount rate Raising taxes and increasing borrowing are two ways at the treasury level to: - Correct Answer-Raise funds to pay for government spending The Fed uses three primary monetary policy tools to influence the cost and availability of credit: open market operations, the discount rate, and _____. - Correct Answer-Reserve requirements When the costs of production and services increase, causing manufacturing prices to rise, it is called _____. - Correct Answer-Cost-push inflation Which of the following transactions is exempt from RESPA? - Correct Answer-Temporary loans Under the _____, the use of certain terms in an advertisement triggers the need for full disclosure of lending terms. - Correct Answer-Truth in Lending Act.