Champions Real Estate Finance Exam Questions & Answers Graded A+

_____ 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. - ANSWER-Closing The primary determinants of real estate values are supply and _____. - ANSWER-Demand _____ is something of value that can be pledged as security for repayment of a loan. - ANSWER-Collateral Servicing includes which of the following activities? - ANSWER-Maintaining records of payment The monetary policies of the _____affects interest rates and the availability of funds. - ANSWER-Federal Reserve An excess supply of money in the market results in monetary _____. - ANSWER-Inflation Which agency insures deposits in banks and thrift institutions for up to $250,000? - 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. - ANSWER-Discount rate Raising taxes and increasing borrowing are two ways at the treasury level to: - ANSWER-Raise funds to pay for government spending