Prepayment Study guides, Class notes & Summaries
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS)
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS) 
 
Question 1 
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Question text 
Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1 500 each, around the townships of 
KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. 
Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 
October 2023. 
This transacti...
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CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
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Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers more than one piece of property. 
 
Wraparound Mortgage - c...
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FAC1601 Assignment 1 2023 solutions semester 1
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100% SOLUTIONS FOR FAC1601 
 
QUESTIONS ANSWERED 
 
Which of the following statements is correct: 1. A liability is a future obligation of a reporting entity to transfer an economic resource as a result of a past event. 2. The accounting equation is: Liabilities + Assets = equity 3. The value of a reporting entity lies in the net assets (assets minus liabilities) under its control. 4. Equity is the residual interest in the assets of the entity after deducting all the expenses.Question text The d...
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ 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. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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HMGT 3310 Midterm (With complete solution)
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the drive for regulating health stems from controlling: correct answers quality, access, cost; they always have a trade off 
 
what was the first form of health insurance? correct answers Baylor Hospitals developed a plan for unlimited access by school teachers in return for prepayment in the form of a set monthly sum 
 
blue cross insurance correct answers first nonprofit insurance company that covered inpatient expenses; formed in 1939 
 
the impact of WWII on health insurance? correct answers...
Too much month left at the end of the money?
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ETA CPP:CERTIFIED PAYMENT PROFESSIONAL CANDIDATES HANDBOOK PREPARED BY THE ELECTRONIC TRANSACTIONS ASSOCIATION.
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The ETA CPP Candidate Handbook contains all of the information you need to know to qualify, schedule, and maintain your certification
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Homework 3_Solutions - Baruch College, CUNY REES 3400 (All Answers are Correct)
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Homework 3 
Question 1 Given the following information on a MPT, what is the anticipated total cash flow available 
to investors in year 2? Round your answer to two decimals. (Note: You can perform this 
calculation with the spreadsheet or by completing it iteratively) 
• 10 year FRM, fully amortizing, annual payments 
• 10% CPR assumption 
• 100 loans in the pool 
• Average starting balance of $350,000/loan 
• Mortgage rate 5%, annual 
• No servicing/guarantee fees 
Answer • Use E...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
Jones vs. Mayer Supreme Court Decision (1968) 
(Ans- Racial discrimination not allowed (whether selling or buying) in all 
PRIVATE property transactions (based on Civil Rights Act of 1968) 
Easton vs Strassburgar 
(Ans- Seller disclosures to third parties AND agent visual inspection of all...
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ETA Certified Payments Professional Examination Study Guide Second Edition Prepared by The Electronic Transactions Association’s Professional Development Committee
- Exam (elaborations) • 66 pages • 2023
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ETA Certified Payments Professional Examination Study Guide Second Edition Prepared by The Electronic Transactions Association’s Professional Development Committee
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pearson vue practice exam Questions and answers, 100% Accurate, graded A+
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pearson vue practice exam Questions 
and answers, 100% Accurate, graded A+ 
In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of 
agency to state ONLY those terms that are 
a. included in the listing agreement 
b. based on the brokers evaluation of prevailing prices and terms 
c. favorable for the seller, as determined by the broker 
d. attractive to buyers, as determined by the broker - -a. included in the listing agreement 
a lot measu...
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Financial Reporting Financial Statement Analysis and Valuation 9th Edition Wahlen Solutions Manual
- Exam (elaborations) • 448 pages • 2022
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Principle of Finance Milestone 3 Sophia Course,100% correct-Principle of Finance Milestone 3 Sophia Course 1 You invest $1,000 in a stock that has a 15% chance of a 1% return, a 60% chance of a 5% return and a 25% chance of a 7% return. What is your expected return after one year? · 4.3% · 4.9% �� 4.5% · 5.3% CONCEPT Expected Return 2 Which of the following credit ratings would make a country or company have the easiest time raising capital? · CC · A · BBB · AAA CONCEPT The Impact of ...
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