Please help, asap. Multiple choice questions.
The following are an essential part of a promissory note. Amount a. b. C. Interest Maturity Payments All of the above d. e. Which is not true of rights A. revocable B. Enforcable by the government C. Regards to Property D. Regards to Personal The following is not a force acting upon real estate. a. Terrorism b. macro economy C. g-force theory d. leverage Which is not a fixture a A. Chandelier B. B. Roof C C. Built in Cabinets D. D. Custom windo coverings What is not one of the Bundle of Rights A. right of Control B. Right of Control C. Right to sell D. Right of Exclusion E. None of the above Which of the following is not a required part of a mortgage: a. Identity of mortgagor b. Identity of mortgagee Identity of Seller d. Identity of Property e. None of the above C. Which of the following is not a direct determinant of interest rates for single family residential mortgages? A. The demand and supply of mortgage funds B. Inflation expectations C. Liquidity D. The demand and supply of apartments Which of the following closing costs do not increase the lender's effective loan yield? Discount points B Prepayment penalties C Title insurance charges D Origination fees Which loan should have the lowest initial interest rate? A fixed rate Mortgage. B A 10 year interest only loan. C A 1 year adjustable. D A 5 year adjustable loan. Which of the following choices most accurately reflects the risk position of an ARM lender in comparison to that of a FRM lender? Interest Default Rate Risk Risk Higher Higher B. Lower Lower C. Higher Lower D. Lower Higher If you saw a table containing the following factors, what kind of interest factor would you be looking at? End of Year 6% 1 1.060 2 3 1.191 4 1.262 5 1.124 1.338 A. B. C D Present value of a single amount Future value of a single amount Present value of an annuity Future value of an annuity If the mining industry accounts for 5% of the jobs in the US, and a market has 20,000 jobs in mining versus 200,000 total jobs. The location quotient is: A. 0.10 B. 0.50 C. D. 2.00 0.20 In calculating a balloon payment from a lenders perspective, the signs for the loan amount, payment and balloon are: A. Negative, negative, positive B. Positive, positive, negative C. Negative, positive, positive D. Positive, positive, positive, positively. Rents and mortgages are considered: A. Annuity due and annuity due B. Ordinary annuity and ordinary annuity C. Annuity due and ordinary annuity D. Ordinary annuity and annuity due Which following does not create potential risk in an ARM? A. Negative amortization B. Teaser Rate C. Rate adjustment D. Lifetime rate cap The following are an essential part of a promissory note. Amount a. b. C. Interest Maturity Payments All of the above d. e. Which is not true of rights A. revocable B. Enforcable by the government C. Regards to Property D. Regards to Personal The following is not a force acting upon real estate. a. Terrorism b. macro economy C. g-force theory d. leverage Which is not a fixture a A. Chandelier B. B. Roof C C. Built in Cabinets D. D. Custom windo coverings What is not one of the Bundle of Rights A. right of Control B. Right of Control C. Right to sell D. Right of Exclusion E. None of the above Which of the following is not a required part of a mortgage: a. Identity of mortgagor b. Identity of mortgagee Identity of Seller d. Identity of Property e. None of the above C. Which of the following is not a direct determinant of interest rates for single family residential mortgages? A. The demand and supply of mortgage funds B. Inflation expectations C. Liquidity D. The demand and supply of apartments Which of the following closing costs do not increase the lender's effective loan yield? Discount points B Prepayment penalties C Title insurance charges D Origination fees Which loan should have the lowest initial interest rate? A fixed rate Mortgage. B A 10 year interest only loan. C A 1 year adjustable. D A 5 year adjustable loan. Which of the following choices most accurately reflects the risk position of an ARM lender in comparison to that of a FRM lender? Interest Default Rate Risk Risk Higher Higher B. Lower Lower C. Higher Lower D. Lower Higher If you saw a table containing the following factors, what kind of interest factor would you be looking at? End of Year 6% 1 1.060 2 3 1.191 4 1.262 5 1.124 1.338 A. B. C D Present value of a single amount Future value of a single amount Present value of an annuity Future value of an annuity If the mining industry accounts for 5% of the jobs in the US, and a market has 20,000 jobs in mining versus 200,000 total jobs. The location quotient is: A. 0.10 B. 0.50 C. D. 2.00 0.20 In calculating a balloon payment from a lenders perspective, the signs for the loan amount, payment and balloon are: A. Negative, negative, positive B. Positive, positive, negative C. Negative, positive, positive D. Positive, positive, positive, positively. Rents and mortgages are considered: A. Annuity due and annuity due B. Ordinary annuity and ordinary annuity C. Annuity due and ordinary annuity D. Ordinary annuity and annuity due Which following does not create potential risk in an ARM? A. Negative amortization B. Teaser Rate C. Rate adjustment D. Lifetime rate cap
