資源描述：
《legalissues-wichitastateuniversity法律問題-威奇托州立大學(xué)》由會員上傳分享，免費(fèi)在線閱讀，更多相關(guān)內(nèi)容在教育資源-天天文庫。
1、RE611/Fin611–RealEstateFinanceLegalConsiderations&MortgageMarketsOverviewSampleQuizQuestionsDr.StanleyD.Longhofer______1.TrueorFalse:Technicallyspeakinga“mortgage”isnotaloan,butratherthepledgeofrealpropertyascollateralforaloan.______2.TrueorFalse:Financi
2、alintermediariesaremiddlementhatgenerallyreducethecostoftransferringfundsbetweensaversandinvestors.______3.TrueorFalse:Zachrecentlypurchasedaproperty“subjectto”anexistingmortgage.Asaresult,heisnowpersonallyliableforrepayingtheloan.______4.The“tilteffect”
3、referstowhichofthefollowingissues?A.Theimpactofexpectedinflationonthevalueofthemonthlypaymentsonfixedratemortgages.B.Theimpactofunexpectedinflationonthevalueofthemonthlypaymentsonfixedratemortgages.C.Theimpactofcapsandfloorsonadjustableratemortgages.D.Th
4、eimpactofpaymentcapsonadjustableratemortgages.E.Noneoftheabove.______5.Whichofthefollowingareproblemswithdirectinvestmentasameansoftransferringcapitalfromsavers(thosewithexcessfunds)toinvestors(thosewhoneedfunds)?Morethanoneanswermaybecorrect;writedownth
5、eletterofallcorrectanswers.A.Itcanbehardforsaversandinvestorstofindoneanother.B.Itcanbecostlyforsaverstodeterminetheriskinessoftheproposedinvestment.C.Thefeeschargedbythemiddlemancanbeverycostly.D.Manydifferentsaversmayneedtobebroughttogethertofundalarge
6、investmentopportunity.E.Therateofreturnrequiredbysaversmaybetoolowforinvestorstopay.______6.__________donotgenerallyfundmortgageloans.Insteadtheymatchupborrowersandlenders.A.FannieMaeandFreddieMacB.MortgagebrokersC.MortgagebanksD.CommercialbanksE.Insuran
7、cecompanies3______1.TrueorFalse:Financialintermediariesaremiddlementhatincreasethecostoftransferringfundsbetweensaversandinvestors.______2.Whatistheprimarydifferencebetweenamortgagebankandamortgagebroker?A.Mortgagebanksfundloansusingdeposits,whereasmortg
8、agebrokersfundloansusingwarehouseloans.B.Mortgagebanksholdtheloanstheyoriginateintheirportfolios,whilemortgagebrokersselltheloansonthesecondarymarket.C.Mortgagebanksfundnewloans,whereasmortgagebrokerssimplymatchupborrowers
