business

When funds are sought for single family mortgage loans those funds are usually provided by secured collateral in the form of treasury notes or existing equity in residential  or commercial property.

Is this true or false ?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. False

Funds for mortgage loans for single-family residences comes from the primary mortgage market and includes savings deposits and deposits in savings and loan associations and from Fannie Mae, which is the secondary mortgage market which obtains capital from investors who invest in pools of mortgages.

The capital from the investment pools flows back into the primary mortgage market so the banks will have more money to lend in the primary market.

Earth

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Posted by David Saks on 05/22/2009 08:15 PM   Comments (4)   Theory and Practice in the ActiveRain Channel   theory and practice  
Originally posted at: David Saks: Real Estate Practice : Lesson 160
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4 Comments on Real Estate Practice : Lesson 160

MAY
22
2009
151,926 Points

Got it right and very cute bird....
8:37pm • #1
807,571 Points Outside Blog

Hi David;

Another great picture and super information. good luck!
9:13pm • #2
864,426 Points 4 Featured Posts Outside Blog

Thanks Kathy. The Puffin is an amazing bird.
9:31pm • #3
864,426 Points 4 Featured Posts Outside Blog

Thank you, Anthony. It'll be fascinating to see how the MBS market evolves with Treasury intervention.
9:33pm • #4


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The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

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