Question
Which of the following best describes the flow of funds associated with mortgages? A. Financial institutions rely solely on deposits from consumers to finance mortgage
Which of the following best describes the flow of funds associated with mortgages?
| A. Financial institutions rely solely on deposits from consumers to finance mortgage lending | ||
| B. Investors can lend money directly to consumers who need mortgages | ||
| C. Investors and depositors provide all the capital needed by banks to lend money for mortgages | ||
| D. Federal agencies provide additional capital to financial institutions for mortgage lending by purchasing mortgages |
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Computational Finance Using C And C #
Authors: George Levy DPhil University Of Oxford
1st Edition
0750669195, 978-0750669191
