Question
1.Mortgage Bankers specialize in: A:investing and maintaining mortgages that they create. B:borrowing money through the creation of mortgages that is used to invest in real
1.Mortgage Bankers specialize in:
A:investing and maintaining mortgages that they create.
B:borrowing money through the creation of mortgages that is used to invest in real estate.
C:purchasing mortgages originated by other financial institutions.
D:originating mortgages and selling those mortgages.
2.In an amortization schedule of monthly mortgage payments,:
A.principal payments exceed interest payments early on.
B.None of these.
C.interest payments exceed principal payments early on.
D.the amount of interest in each payment is equal to the principal paid.
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