44 2 points True/False: If you are using a comparable sales approach to value a property then there often needs to be adjustments for size and age when doing the comparison. True False 45 2 points True/False: Commercial leases tend to be for 5-10 years whereas residential leases tend to be for shorter periods. O True False 46 3 points If Freddie Mac and Fannie Mae were to be eliminated, it is likely that (Select all the phrases that would be likely outcomes based on the lecture discussions.) O The number of MBS would increase Inflation would increase Mortgage rates would increase Fewer mortgage loans would be given by banks 47 2 points True/False: Whether a real estate loan is considered a "conforming loan" is based, in part, on size and credit criteria. True False 48 2 points True/False: The Agency MBS market is larger than the Non-agency MBS market. True False 49 3 points Which of these statements is consistent with our discussion of securitization in the lecture? (Select all that apply) The purchase of these securities provides new capital to the entities that made the original loans allowing them to continue making new loans. Securitization enhances the liquidity in the residential and commercial mortgage markets. Securitization allows for the creation of new securities that are more easily traded than the larger underlying asset being securitized