SOMB II
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SOMB II Practice Test All Possible Questions and Answers Complete 
 
When refinances as a percentage of total originations rise, does profitability at large banks tend to rise or to fall? 
Fall 
What are the top three Mortgage lender's main sources of income? 
- Fees negotiated at origination 
- Gain on sale 
- Interest Income 
Interest income earned at the note rate from the date a loan closes until it is sold belongs to? 
The lender 
Which type of loan sale generates the most revenue for the ...
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SOMB II•SOMB II