Principles of Real Estate II (ACEABLE
AGENT) - Level 3 Real Estate Financing
Principles Questions And Complete Answers
Savings Associations specialize in long-term residential loans; primary function is to
promote thrift and home ownership
Federal Home Loan Bank System eleven private, wholesale regional U.S. banks chartered
to regulate member organizations, set reserve requirements, establish discount rates, and provide
insurance for depositors
Federal Deposit insurance Corporation (FDIC) created by Congress in 1933 to insure
deposits, supervise financial institutions,k make large financial institutions resolvable, and
manage receiverships
Commercial Banks designed to be safe depositories and lenders for multitude of
commercial banking activities, relying mainly on demand deposits (checking accounts) for their
basic supply of funds.
, Principles of Real Estate II (ACEABLE
AGENT) - Level 3 Real Estate Financing
Principles Questions And Complete Answers
Credit Unions provide members with a source of funding for personal property and, more
recently, real estate mortgage loans
Savings Banks play an active and important role in local real estate financing activities,
providing long-term mortgage loans with funds derived from customer savings accounts
Life Insurance Companies prefer investments in large projects such as shopping centers as
opposed to smaller loans for home mortgages and construction loans
Mortgage Bankers not bankers in the traditional sensne, but as private entrepreneurs, their
income is derived from fees received for originating and servicing real estate loans
Mortgage Brokers bring together borrowers and lenders and earns a fee for that service
AGENT) - Level 3 Real Estate Financing
Principles Questions And Complete Answers
Savings Associations specialize in long-term residential loans; primary function is to
promote thrift and home ownership
Federal Home Loan Bank System eleven private, wholesale regional U.S. banks chartered
to regulate member organizations, set reserve requirements, establish discount rates, and provide
insurance for depositors
Federal Deposit insurance Corporation (FDIC) created by Congress in 1933 to insure
deposits, supervise financial institutions,k make large financial institutions resolvable, and
manage receiverships
Commercial Banks designed to be safe depositories and lenders for multitude of
commercial banking activities, relying mainly on demand deposits (checking accounts) for their
basic supply of funds.
, Principles of Real Estate II (ACEABLE
AGENT) - Level 3 Real Estate Financing
Principles Questions And Complete Answers
Credit Unions provide members with a source of funding for personal property and, more
recently, real estate mortgage loans
Savings Banks play an active and important role in local real estate financing activities,
providing long-term mortgage loans with funds derived from customer savings accounts
Life Insurance Companies prefer investments in large projects such as shopping centers as
opposed to smaller loans for home mortgages and construction loans
Mortgage Bankers not bankers in the traditional sensne, but as private entrepreneurs, their
income is derived from fees received for originating and servicing real estate loans
Mortgage Brokers bring together borrowers and lenders and earns a fee for that service
