Champions Real Estate Finance Exam Questions and Answers 2023

Champions Real Estate Finance Exam Questions and Answers 2023 _____ 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. Closing The primary determinants of real estate values are supply and _____. Demand _____ is something of value that can be pledged as security for repayment of a loan. Collateral Servicing includes which of the following activities? Maintaining records of payment The monetary policies of the _____affects interest rates and the availability of funds. Federal Reserve An excess supply of money in the market results in monetary _____. Inflation Which agency insures deposits in banks and thrift institutions for up to $250,000? 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. Discount rate Raising taxes and increasing borrowing are two ways at the treasury level to: 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 _____. Reserve requirements When the costs of production and services increase, causing manufacturing prices to rise, it is called _____. Cost-push inflation Which of the following transactions is exempt from RESPA?