Champions Real Estate Finance Exam Questions and Answers 2024

_____ 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 answer-Demand _____ 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 answer-Inflation Which agency insures deposits in banks and thrift institutions for up to $250,000? - correct answer-The Federal Deposit Insurance Corporation