1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natalka [10]
3 years ago
13

A mortgage broker structures a loan priced with two points in borrower credit. He suggests that, based on the limited amount of

cash the borrower has on hand to close, it may be best to take a slightly higher rate and use the premium generated to subsidize the closing costs. After consideration, the borrower agrees and moves forward. This is:
Business
1 answer:
Tpy6a [65]3 years ago
4 0

Answer:

Legal and ethical

Explanation:

Considering the scenario described above it is revealed that the borrower has the choice of choosing how he would prefer or have to structure his oan, while the originator or mortgage broker follows by the borrower's judgment or decision.

Hence, in this case, it can be concluded that such a scenario is considered LEGAL and ETHICAL use of what is now referred to as borrower credit.

It should be noted that this is an argument against Yield spread premium, whereby borrowers are assumed to be ignorant that YSP is being charged.

You might be interested in
What has happened to China’s GPD since it began to reform its economy?
telo118 [61]

Answer:

it has grown substantially

Explanation:

in the past, China's government has total control over other economy. They failed to run it efficiently since the system provide no incentives for people to work harder and invents new things.

In the 1980s, china started to adopted some aspect of Capitalism and let the private sector grow their influence in the economy.

As a result, many people start to have incentives to contribute more to the economy. This system  basically allowed the citizens seek personal wealth for themselves, but they are indirectly improving the country's economy.

6 0
3 years ago
. If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 ye
Sloan [31]
$55,555..........................................................................................
5 0
4 years ago
Read 2 more answers
Which of the following is considered an order winner in an automobile? Select one: a. A comfortable seating arrangement that is
Vinvika [58]

Answer:

The answer is: D) A good-quality radio particular to that brand of automobile

Explanation:

An order winner is a product´s characteristic that will make a client decide to purchase the product. Order qualifiers are products´ characteristics that makes the product be considered as a purchase option by customers. Order qualifiers are like minimum market standards that products must meet to be able to compete in that market.

In this question the only characteristic unique to the car manufacturer was the good quality radio (order winner). All the other characteristics were similar between brands or car designs.

8 0
4 years ago
Neil Andrews is the marketing manager for the National Basketball Association. Neil analyzes and tracks his marketing campaigns
Mila [183]

Answer:

Option D

Explanation:

Neil Andrews, communications coordinator for that National Basketball Association. Neil evaluates and monitors its marketing strategies to assess the optimal rate of performance for a campaign to boost ticket prices. The ROI marketing campaign will be an internal KPI Neil used to track its marketing techniques.

Apps that are permitted to be installed on the company network, such as IM software and company computer equipment used mostly for personal purposes on online communities, are two fields that should be handled by organizational security administrators.

Thus, from the above we can conclude that the correct option is D.

5 0
3 years ago
The data processing cycle consists of four steps. Draw all the steps.
Lyrx [107]

Answer:

Explanation:

The four steps in the data processing cycle are the following input, processing, output and storage. The information is first entered into system where it is then processed by the system. Once the information is processed and understood by the system it is then saved in a database. From the database it is then grabbed by the system and sent as an output to where it is needed. This is all illustrated in the drawing attached below.

7 0
3 years ago
Other questions:
  • 7. Sharon spent the weekend with her friend Amelia. Amelia proposed a plan for shoplifting CDs from a local music store. Sharon
    14·1 answer
  • Saddle Up, a small tack store in Massachusetts, stresses a culture of excellent customer service. To ensure customer satisfactio
    6·2 answers
  • Huron Investments issues $1 million in 13.250% bonds maturing August 11, 2028. The bond is callable August 11, 2023 at a call pr
    15·1 answer
  • Eliminating waste, selling products that are produced with sustainable methods, and installing natural power generation illustra
    9·1 answer
  • You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for you
    10·1 answer
  • Sue is a gifted cook. She plans to open a restaurant in which she will be the head chef. Sue is willing to work long hours becau
    10·1 answer
  • During wind sprints for field hockey practice, sarah noticed that her face felt very hot and looked red. of the choices below, w
    9·1 answer
  • After operating for years as a privately held corporation, MidAtlantic Ironworks plans to publicly trade its stock. As a midsize
    7·1 answer
  • Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour;
    9·1 answer
  • Fortune, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per un
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!