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Cloud [144]
2 years ago
10

Who is the primary regulator over the mortgage banking industry?

Business
1 answer:
Pie2 years ago
5 0

The primary regulator over the mortgage banking industry in the United States is the Office of the Comptroller of the Currency (OCC).

<h3>What does the Office of the Comptroller of the Currency (OCC) do?</h3>

It was established by the U.S. government to oversee all national banks in the United States.

This means that it is the regulatory agency for any type of banking on the national level including mortgage banks.

Find out more on the Office of the Comptroller of the Currency (OCC) at brainly.com/question/1075384.

You might be interested in
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers rece
Gnom [1K]

Answer:

D) Taxes levied on sellers and taxes levied on buyers are not equivalent.

Explanation:

Whether a tax is levied on the buyer or the seller of the good doesn't matter because they both place a wedge between the price that buyers pay and the price that sellers receive. And that difference will be the same regardless of who is responsible for paying the taxes. E.g. a sales tax is paid by the buyer, but the difference between the money paid and the money received would be the same if the tax was paid by the seller instread.

3 0
3 years ago
the original price of a 2015 honda insight to the dealer is $17,995. but the dealer will pay only $16,495 after rebate. if the d
GrogVix [38]

the original price of a 2015 honda insight to the dealer is $17,995.

after rebate, the dealer will pay $16,495.

The rebate amount can be calculated as follows:

Rebate amount = Original price - Amount paid by the dealer after rebate

    = $17,995--$16,495

    = $1,500

therefore, the rebate amount is  $1,500

8 0
4 years ago
A powerful tool for sizing up the company's competitive assets and determining whether they can provide the foundation necessary
gregori [183]

Answer:

The correct answer is SWOT analysis

Explanation:

SWOT analysis stands for Strength, Opportunities, Threats and Weaknesses analysis, is defined or described as the framework which is used for analyzing as well as identifying the factors of the external and the internal, which have an impact on the product, person or product viability

SWOT analysis is one of the simple and the powerful tool or technique for the sizing up the resources and the capabilities, deficiencies and strengths of the company, its market opportunities as well as the external threats to its well being in future.

4 0
3 years ago
Tasha is shopping for personal care items at her local target. she walks by one aisle and sees a floor-standing display for the
vlada-n [284]

I believe it is the first stage, Awareness. :) hope this helps!!

4 0
3 years ago
November Avenue, Inc. wants to have $7,500,000 in an account exactly 16 years from today. They will make equal quarterly payment
Nata [24]

Answer:

$315,717.03  

Explanation:

Let us start by first of determining the future value of $50,000 quarterly payments for 16 years using the future value of an ordinary annuity provided below:

FV=quarterly payment*(1+r)^n-1/r

quarterly payment=$50,000

r=quarterly interest rate=8%/4=2%

n=number of quarterly payments in 16 years=16*4=64

FV=$50,000*(1+2%)^64-1/2%

FV=$50,000*(1.02)^64-1/0.02

FV=$50,000*(3.551493243 -1)/0.02

FV=$50,000*2.551493243 /0.02

FV=$6,378,733.11

The future value above fell short of the target $7,500,000, it means a fixed amount would have to be invested at 8% compounded quarterly for 16 years as well

shortfall=$7,500,000-$6,378,733.11=$1,121,266.89

The present value of the shortfall that would be invested today is computed

PV=FV/(1+r)^n

FV=$1,121,266.89

r=quarterly interest rate=2%

n=number of quarters in 16 years=64

PV=$1,121,266.89/(1+2%)^64

PV=$315,717.03  

4 0
3 years ago
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