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andriy [413]
3 years ago
5

Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage

securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the __________.A) mortgage pipeline.
B) mortgage note.
C) mortgage fallout.
D) mortgage term.
Business
1 answer:
Lemur [1.5K]3 years ago
7 0

Answer:

A) mortgage pipeline.

B) mortgage

Explanation:

Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the mortgage pipeline.

A mortgage pipeline refers to mortgage loans that are locked-in with a mortgage originator by borrowers, mortgage brokers, or other lenders. <u>A loan stays in an originator's pipeline from the time it is locked until it falls out, is sold</u> into the secondary mortgage market, or is put into the originator's loan portfolio.

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Which of the following is not associated with firms following the global standardization strategy? A. Low pressures for local re
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The correct option is D. Customize product offering and marketing strategy to local conditions

Explanation:

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Read 2 more answers
Stan, a salesperson for Trucks &amp; Autos, promises Uri a certain car will give him a "smooth ride." Stan offers a test drive,
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Answer:

C, none of the choices

Explanation:

from the qeustion, it can be seen that Uri was offered a test ride of the car but he clearly refused. For him to have bought that car without a test drive and later realise the car has a faulty suspenion, he cannot rescind the contract on any of the bases because if he had agreed to the test drive, he would have found out about the faukty suspension and woudn't have bought that car.

It is clearly Uri's fault that he ended up with a car that has a faulty susppension. this isn't a case of fraud or mistake on the part of Stan, neither did Stan unduely influence him to buy the car according to the question.

Cheers.

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Answer:

$362,000

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2 years ago
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