Real Estate Finance- Quizzes With Accurate Solutions

__________ 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. a. Servicing b. Underwriting c. Funding d. Closing - ANSWER-D The primary determinants of real estate values are supply and _________. a. Cost b. Personal preference c. Demand d. Taxation - ANSWER-C _______ is something of value that an be pledged as security for repayment of a loan. a. Capital b. Collateral c. Character d. Capacity - ANSWER-B An excess supply of money in the market results in: a. Fiscal Policy b. Open market operations c. Discount rate d. Monetary inflation - ANSWER-D Which agency insures deposits in banks and thrift institutions for up to $250,000? a. Dept of HUD b. The Federal Reserve c. Federal Deposit Insurance Corporation d. The office of the Comptroller of the Currency - ANSWER-C