I don't need an explanation I only need an answer.

1. It is a debt investment in which an investor loans money to an entity which borrows the funds for a defined period of time at a fixed interest rate. *

Mortgage Bonds Any of the given choices Stocks

2. One characteristic common to mortgage loans is the requirement that the real estate being financed, be pledged as security. *

Down Payment Collateral Loan Terms Private Mortgage Insurance

3. These mortgages originated by banks or other mortgage lenders but are guaranteed by either the government or government-controlled entities.

Conventional mortgage Guaranteed mortgage Insured mortgage Secured mortgage

4. It is the process of transforming illiquid financial assets into marketable capital market instruments. *

Transformation Assignment Securitization Collateralization

5. It is an insurance policy that guarantees to make up any discrepancy between the value of the property and the loan amount, should a default occur. *

Private Mortgage Insurance Life Insurance Property Insurance Calamity Fund

6. It has lower payments in the first few years, then payments rise. *

Equity Participating Mortgage Shared Appreciation Mortgage Graduated-Payment Mortgage Growing Equity Mortgage

7. It means that payments will pay off the outstanding indebtedness by the time the loan matures. *

Partially paid Fully amortized Partially amortized Fully paid

8. It involves the use of debt to purchase shares and make the company private *

Leverage purchase Equity purchase Equity buy out Leverage buy out

9. A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. *

Insurance Companies Finance Companies Pension Funds Bond Mutual Funds

10. These bonds offer high yields that contain a risk premium for higher risk. *

Mutual bond High risk bond Junk bond Savings bond

11. The money can be redeemed any time after 12 months of issue and there is a penalty *

Coupon bond Treasury bond Savings bond Corporate bond

12. They are long-term loans secured by real estate. *

Stocks Any of the given choices Mortgage Bonds

13. They are financial institutions that accept deposits, offer checking account services, and make various loans. *

Savings Institutions Commercial banks Finance Companies Bond Mutual Funds

14. The investor will either provide a portion of the purchase price of the property or supplement the monthly payment. In return, the investor receives a portion of any appreciation of the property. *

Growing Equity Mortgage Reverse Annuity Mortgages Shared Appreciation Mortgage Equity Participating Mortgage

15. It is a type of corporate bond offering that must be registered and approved by the Securities and Exchange Commission *

Public offering Private offering Public proposal Secret offering

16. It is a security that is collateralized by a pool of mortgage loans. *

Insured Security Collateralized Mortgage Insured Mortgage Mortgage-backed security

17. Bond that has no credit risk *

Savings bond Corporate bond Coupon bond Treasury bond

18. One of the characteristics of a corporate bond that requires the firm to retire a certain amount of the bond issued each year. *

Bond collateral Sinking-fund provision Protective covenants Call provisions

19. A place where debt securities are issued and traded. *

Mortgage Market Stock Market Financial Market Bond Market

20. These are originated by banks or other mortgage lenders but are not guaranteed by government or government-controlled entities. *

Conventional Mortgages Graduated-Payment Mortgage Adjustable-Rate Mortgages Growing Equity Mortgage

21. It allows user to repurchase the bonds at a specified price before the bonds mature. *

Private Insurance Call provision Credit risk Maturity date

22. This type of bond has a tax advantage because the interest income is exempted from income taxes. *

Coupon bond Treasury bond Savings bond Municipal bond

23. The moment when the borrower signs the loan paper and receives the proceeds of the loan. *

Closing Opening Ending Meeting

24. Bonds unsecured by specific property *

Subordinated debentures Debentures First mortgage bond Unsecured bond

25. It is an agreement between the issuer & the holder of a bond, requiring or forbidding certain actions of the issuer *

Sinking-fund provision Protective covenants Call provisions Convertibility