4 and 5 I’m stuck on C a savings association.D. a credit union.3. The Consumer Financial Protection Bureauregulations requires that lenders give residentialborrowers a copyA. Your Home Loan Toolkit: A Step-by-StepGuide.ofB. the loan package submitted for underwriting.C. a Good Faith Estimate (GFE) of settlementcharges.D. the HUD-1.be4. A prime example of a government-sponsoredenterprise (GSE) isА. FHA.TUICB. Fannie Mae.C. Ginnie Mae.orlinosa boD. the OTS.m to5. Freddie Mac participates in the secondary marketbyA. lending money to residential purchasers.B. buying FHA, VA, and conventional loans.C. insuring Freddie Mac loans.D. making loans to low-income rural borrowers.6. One protected category that is included in theEqual Credit Opportunity Act but is NOT oneof the seven classes designated

4. Government-sponsored enterprises were introduced by the US congress in order to maintain credit…

4. A prime example of a government-sponsored enterprise (GSE) is A. FHA. B. Fannie Mae. C. Ginnie Mae. D. the OTS. 5. Freddie Mac participates in the secondary market by A. lending money to residential purchasers. B. buying FHA, VA, and conventional loans. C. insuring Freddie Mac loans. D. making loans to low-income rural borrowers.

4. A prime example of a government-sponsored enterprise (GSE) is A. FHA. B. Fannie Mae. C. Ginnie Mae. D. the OTS. 5. Freddie Mac participates in the secondary market by A. lending money to residential purchasers. B. buying FHA, VA, and conventional loans. C. insuring Freddie Mac loans. D. making loans to low-income rural borrowers.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Farmers Market Enterprise is owned and run by the Nsiah family and have over the years been known for their fresh vegetable products throughout the town. The employees of Farmers Market Ent. are mainly family members and are not recruited based on their skills or qualification. Training is mainly on the job and is done by senior family members with more years at the business. The business has been good and could be described as a market leader in the town and they pride themselves in offering superior customer care. Whenever a customer has an issue with their products they are always open to replacing the defective product at no cost to the customer. The defective products are sold off at a discount. Six months ago, a new shopping mall opened in the town offering fresh vegetables and providing stiff competition to the Nsiah family business. Patrons of this mall rarely experience product defects and hence are increasing their patronage of the mall’s products. Mr. Nsiah the head of the…
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Farmers Market Enterprise is owned and run by the Nsiah family and have over the years been known for their fresh vegetable products throughout the town. The employees of Farmers Market Ent. are mainly family members and are not recruited based on their skills or qualification. Training is mainly on the job and is done by senior family members with more years at the business. The business has been good and could be described as a market leader in the town and they pride themselves in offering superior customer care. Whenever a customer has an issue with their products they are always open to replacing the defective product at no cost to the customer. The defective products are sold off at a discount. Six months ago, a new shopping mall opened in the town offering fresh vegetables and providing stiff competition to the Nsiah family business. Patrons of this mall rarely experience product defects and hence are increasing their patronage of the mall’s products. Mr. Nsiah the head of the…
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