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REE 3043 UCF Exam 4 Questions With Revised Answers Guaranteed Pass.

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Straight debt - correct answer With respect to bearing the risk of future property price fluctuations, which of the following lending relationships is viewed as the most risky from the borrower's perspective? Bullet loan - correct answer An interest-only balloon mortgage loan is commonly referred to as correspondent relationship - correct answer Prospective borrowers often submit loan requests directly to lenders. However, commercial loan requests can also be submitted through another channel in which a permanent lender agrees to purchase loans or consider loan requests from a mortgage banker or broker. This type of business relationship is more commonly referred to as a(n): Similar to Home Loans, the legal borrower in a Commercial loan is often a single asset corporation. - correct answer When comparing Commercial Loans versus Home Loans, which of the following statements is least correct? Yield-maintenance - correct answer If mortgage rates decline significantly, borrowers may decide to prepay the principal on their loan even if they face prepayment penalties. One way that lenders protect themselves from prepayments in such circumstances is to require the borrower to pay the lender the present value (PV) of losses due to prepayment. This process is referred to as: Default risk - correct answer While floating rate mortgage loans may offer lower interest rates to borrowers than comparable fixed-payment mortgages, floating-rate loans may increase a lender's exposure to which of the following risks since borrowers may not be able to continue to service the debt if payments on the loan increase significantly? All of these statements are correct. - correct answer Which of the following statements is(are) correct? All of these statements are correct. In contrast to LPs (Limited Partnerships), LLCs (Limited Liability Companies) permit all owners to participate in management. In a LP (Limited Partnership), the general partner(s) is(are) subject to unlimited liability. In contrast to LPs (Limited Partnerships), LLCs (Limited Liability Companies) permit all owners to have limited liability. In a LP (Limited Partnership), the general partner(s) manage(s) the operations of the limited partnership. Interest rate risk - correct answer A commercial mortgage lender can reduce their _______________________ by issuing floating (adjustable) rate mortgages. The total value of all Commercial Real Estate was approximately $22 Trillion. - correct answer Which of the following statements regarding U.S. commercial real estate equity and debt ownership and other U.S. assets, as of 2015, is least correct? In a tax-deferred exchange, real property can be exchanged for a partnership interest. - correct answer Which of the following statements is not correct? Construction loans - correct answer Which type of loan is NOT suitable for long-term commercial financing? All of these statements are correct. - correct answer Which of the following statements regarding UPREITs and related interests is most correct? 0.77 LTV = (Mortgage balance / Acquisition price) .77 = 1000000/1300000 - correct answer Given the following information, calculate the loan-to-value ratio of this commercial loan: Estimated net operating income in first year: $150,000 Debt service in first year: $100,000 Loan amount: $1,000,000 Purchase price: $1,300,000 looking at the 10-year treasury securities curve. - correct answer An investor would like to get a general idea of the pattern of interest rates over the past few years on 10-year mortgages. The investor will find this pattern by: 1.5 DCR = NOI / DEBT SERVICE - correct answer Given the following information, calculate the debt coverage ratio of this commercial loan: Estimated net operating income in first year: $150,000 Debt service in first year: $100,000 Loan amount: $1,000,000 Purchase price: $1,300,000 . 68.6% BER = (Operating expenses + Capital expenditures + Debt - correct answer Given the following information, calculate the break-even ratio on the following commercial property: Operating expenses: $650,000 Capital expenditures: $105,000 Potential gross income: $2,500,000 Debt service in first year: $960,000 Loan amount: $20,000,000 Purchase price:

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CCJ 3604 UCF EXAM 1

What is the DSM and how is it used? - correct answer Diagnostic and Statistical Manual of Mental
Disorders, published by the American Psychiatric Association.



The DSM-5 defines mental disorder as:



• A behavioral or psychological syndrome or pattern that occurs in an individual



• reflecting an underlying psychobiological dysfunction;• the consequences of which are clinically
significant distress (e.g., a painful symptom) or disability (i.e., impairment in one or more important
areas of functioning)



• must not be merely an expectable response to common stressors and losses (for example, the loss of a
loved one) or a culturally sanctioned response to a particular event (for example, trance states in
religious rituals)



• not primarily a result of social deviance or conflicts within society.



What is the ICD? - correct answer The International Classification of Diseases.



-The international community defines mental disorders under an umbrella of disabilities by using the
term psychosocial disability.



Mental Illness - correct answer refers collectively to all diagnosable mental disorders



Major Depressive Disorder - correct answer-Adults are defined as having a major depressive episode
(MDE) with severe impairment if their depression caused severe problems with their ability to manage
at home, manage well at work, have relationships with others, or have a social life

, -The NSDUH (2017) reports that over 160 million adults experienced a MDE with severe impairment in
2016



Schizophrenia - correct answer a chronic, severe, and disabling mental disorder characterized by deficits
in thought processes, perceptions, and emotional responsiveness. Its symptoms are typically described
as "positive" or "negative"



•Symptoms usually start between ages 16 and 30. More than 2.2 million Americans over the age of 18
are affected, twice as many people live with schizophrenia than with HIV/AIDS



•Some psychotic symptoms, such as feeling threatened, may lead directly to criminal conduct



Substance Use Disorder - correct answer• Experts substantiate that co-occurring substance use
disorders and severe mental illness increases the risk of offending for both men and women



Bipolar Disorder - correct answer a brain disorder that causes unusual shifts in mood, energy, activity
levels, and the ability to carry out day-to-day tasks.



•Bipolar disorder is considered the most expensive behavioral health care diagnosis due to indirect costs
such as lost productivity related to absenteeism; the disorder costs more than twice as much as
depression per affected individual



•The U. S. has the highest lifetime rate of bipolar disorder at 4.4%



Antisocial Personality Disorder - correct answer It is the adulthood equivalent to childhood conduct
disorder. Diagnosed when the person is of 18 years or older.



Conduct Disorder - correct answer• Conduct disorder (CD) is a pattern of behavior in juveniles which
involves frequent serious and harmful rule-breaking and unlawful conduct. According to the DSM-5, CD
conduct can include using weapons, bullying, breaking into people's homes, and physical cruelty to
people or animals.

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