Question

81. The tr ansfer of the right, title, and interest in a property of one person to another is known as novation. O assignment O assumption. O claim. 82. Th e sale of mortgage loans on the secondary market has a positive impact on the economy by O stabilizing the mortgage money market. discouraging home purchases by transients. O imposing rigid qualifications on applicants lowering the national forecdosyfe rate 83. The,secondary mortgage market provides all of the following benefits except freeing capital for lenders reducing discounts on resale of loans. distributing money nationally O O stablizing the mortgage money martys 84 Fannie Mae replaced its free-market system auction with atn) administered price system. incremental-rate system bidder-call system direct-issue system

Answer 1

Correct answers are:-

81) Novation

82) Stabilizing the mortgage money market

83) Distributing money nationally

84) Administered price system