Real Estate

Front 1

A Fundamental aspect of real estate finance is the ability of bowerers to remain in possession and control of their property. This is described as

Back 1

Hypothecation

Front 2

Lenders having a cash surplus in a low demand area would most likely

Back 2

Purchase loans in the secondary market

Front 3

Real Estate finance is basically a manifestation of our

Back 3

Credit system economy

Front 4

Reliance on borrowed capital more than on equity funds would be known as the use of

Back 4

Leverage

Front 5

The real estate cycle begins anew when

Back 5

Demand exceeds supply

Front 6

One way to increase a property's value without adding any physical improvements is to

Back 6

Rezone it

Front 7

Disintermedation occurs when

Back 7

Savings withdrawals exceed savings deposits

Front 8

The fact that a 1500 square foot house sells for 300000 in Los Angeles, 85000 in Fresno, and 45000 in El centro is based on the property's fixing and its being subject to the economies of which of the following markets?

Back 8

Local

Front 9

The secure and fair enforcement for mortgage licensing act of 2008 (safe act) was designed to

Back 9

Minimize the potential for fraudulent lending activities

Front 10

The demographics of a real estate cycle would probably include all the following inputs except of the population

Back 10

Religion

Front 11

When the federal reserve raises its members reserve requirements it is acting to

Back 11

Decrease financial activities

Front 12

Deposits in the banks and thrifts are insured by the

Back 12

FDIC

Front 13

Which agency is responsible for handling the assets of failed savings institutions

Back 13

Federal Deposits insurance corporation

Front 14

The federal reserve is

Back 14

A central banking system

Front 15

Economic stability is linked with the supply and costs of money. Thus, all the following statements are correct, except the

Back 15

Higher the costs of money, the greater the economic activity

Front 16

Ask the following statements about the FDIC are true, except that it

Back 16

Has been eliminated

Front 17

The federal home loan bank system

Back 17

Provides its members with national market of their securities

Front 18

The California department of real estate

Back 18

Investigates complaints against licensees

Front 19

From an economic theory point of view, money can be best described as a

Back 19

Standard of value

Front 20

The federal reserve is currently responsible for all of the following operations except

Back 20

Printing money

Front 21

Commercial banks tend to make loans for

Back 21

Construction activities

Front 22

Which institutional lender has the most flexibility in mortgage lending activities?

Back 22

Thrifts

Front 23

Life insurance companies become partners with project developers through the use of commercial loans called

Back 23

Participation loans

Front 24

The pension funds tend to invest in which of the following types of real estate investments?

Back 24

Mortgage-backed securities

Front 25

State -chartered savings and loan associations regulated by the California department of savings and loans are authorized to lend up to what percent of the appraised value of the collateral for the real estate mortgage loan?

Back 25

100%

Front 26

The department in a commercial bank that manages relatively large quantities of the money land property for their beneficiaries is the

Back 26

Trust department

Front 27

Which of the following institutional lenders is increasing its participation in real estate finance?

Back 27

Credit unions

Front 28

Savings institutions, major providers of home mortgage loans, are also referred to as

Back 28

Thrifts

Front 29

All the following sources of funds for real estate finance are considered financial intermediaries except

Back 29

Sellers and lenders

Front 30

Which of the following statements is true regarding life insurance companies?

Back 30

They are more concerned with safety then the liquidity