Real Estate Finance - Course Exam - Champion
School of RE Texas Exam Questions & Correct
and Verified Answers.Latest update2025/2026
Graded A+, Exams of Nursing
___________ is the process of creating a new mortgage loan.
pg.14 - CORRECT ANSWERS Origination
___________ bonds sold by government. - CORRECT ANSWERS Municipal bonds
The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender is defined as
___________.
pg.14 - CORRECT ANSWERS underwriting.
The process of making a lending decision is ___________.
pg.14 - CORRECT ANSWERS underwriting.
Consumation =
p.21 - CORRECT ANSWERS Closing!
___________ is something of value that can be pledged as security for repayment of a loan.
pg.21 - CORRECT ANSWERS Collateral
Fiat means
,pg.25 - CORRECT ANSWERS "backed by faith"
The central banking system, AKA ___________.
PG.25 - CORRECT ANSWERS The Federal Reserve (The Fed).
The ___________ is primarily responsible for raising funds to finance the operations of the US Government and its primary
mission is to manage fiscal policy.
pg.28 - CORRECT ANSWERS United States Treasury
The ___________ is responsible for the nation's monetary policy.
pg.26 - CORRECT ANSWERS Federal Reserve
___________ is the use of government spending and taxation to influence the economy.
pg.28 - CORRECT ANSWERS Fiscal policy
Excess supply of money in the market is the result of ___________.
pg. - CORRECT ANSWERS monetary inflation.
Which agency insures deposits in banks and thrift institutions for up to $250,000?
pg.34 - CORRECT ANSWERS The Federal Deposit Insurance Corporation (FDIC).
The ___________ is the interest rate a reserve bank charges eligible financial institutions to borrow funds on a short-term basis.
, pg.34 - CORRECT ANSWERS discount rate
___________, created November 9, 1965, to create strong, sustainable, inclusive communities and qualify affordable homes.
pg.37 - CORRECT ANSWERS Department of Housing and Urban Development (HUD),
Created 1934, administered by HUD, the ___________ provides mortgage insurance on loans on single-family and multifamily
homes, including manufactured homes and hospitals.
pg.37 - CORRECT ANSWERS Federal Housing Administration (FHA)
___________ is the largest insurer of mortgages in the world.
pg.37 - CORRECT ANSWERS Federal Housing Administration (FHA)
The primary programs administered by HUD include (3 types):
pg.37 - CORRECT ANSWERS 1. Rental assistance in the form of Section 8 certificated or vouchers for low-income
households.
2. Public or subsidized housing for low-income individuals and families.
3. Ginnie Mae, a wholly-owned federal corporation within HUD.
Within HUD, ___________ in the form of Section 8 certificated or vouchers for low-income households.
pg.37 - CORRECT ANSWERS rental assistance
Within HUD, ___________ housing for low-income individuals and families.
pg.37 - CORRECT ANSWERS public or subsidized
School of RE Texas Exam Questions & Correct
and Verified Answers.Latest update2025/2026
Graded A+, Exams of Nursing
___________ is the process of creating a new mortgage loan.
pg.14 - CORRECT ANSWERS Origination
___________ bonds sold by government. - CORRECT ANSWERS Municipal bonds
The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender is defined as
___________.
pg.14 - CORRECT ANSWERS underwriting.
The process of making a lending decision is ___________.
pg.14 - CORRECT ANSWERS underwriting.
Consumation =
p.21 - CORRECT ANSWERS Closing!
___________ is something of value that can be pledged as security for repayment of a loan.
pg.21 - CORRECT ANSWERS Collateral
Fiat means
,pg.25 - CORRECT ANSWERS "backed by faith"
The central banking system, AKA ___________.
PG.25 - CORRECT ANSWERS The Federal Reserve (The Fed).
The ___________ is primarily responsible for raising funds to finance the operations of the US Government and its primary
mission is to manage fiscal policy.
pg.28 - CORRECT ANSWERS United States Treasury
The ___________ is responsible for the nation's monetary policy.
pg.26 - CORRECT ANSWERS Federal Reserve
___________ is the use of government spending and taxation to influence the economy.
pg.28 - CORRECT ANSWERS Fiscal policy
Excess supply of money in the market is the result of ___________.
pg. - CORRECT ANSWERS monetary inflation.
Which agency insures deposits in banks and thrift institutions for up to $250,000?
pg.34 - CORRECT ANSWERS The Federal Deposit Insurance Corporation (FDIC).
The ___________ is the interest rate a reserve bank charges eligible financial institutions to borrow funds on a short-term basis.
, pg.34 - CORRECT ANSWERS discount rate
___________, created November 9, 1965, to create strong, sustainable, inclusive communities and qualify affordable homes.
pg.37 - CORRECT ANSWERS Department of Housing and Urban Development (HUD),
Created 1934, administered by HUD, the ___________ provides mortgage insurance on loans on single-family and multifamily
homes, including manufactured homes and hospitals.
pg.37 - CORRECT ANSWERS Federal Housing Administration (FHA)
___________ is the largest insurer of mortgages in the world.
pg.37 - CORRECT ANSWERS Federal Housing Administration (FHA)
The primary programs administered by HUD include (3 types):
pg.37 - CORRECT ANSWERS 1. Rental assistance in the form of Section 8 certificated or vouchers for low-income
households.
2. Public or subsidized housing for low-income individuals and families.
3. Ginnie Mae, a wholly-owned federal corporation within HUD.
Within HUD, ___________ in the form of Section 8 certificated or vouchers for low-income households.
pg.37 - CORRECT ANSWERS rental assistance
Within HUD, ___________ housing for low-income individuals and families.
pg.37 - CORRECT ANSWERS public or subsidized
