81. The transfer of the right, title, and interest in a property of one person to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
81. The transfer of the right, title, and interest in a property of one person to another is known as novation. [cha assignment. assumption. claim. P278 82. The sale of mortgage loans on the secondary market has a positive impact on the economy by stabilizing the mortgage money market. discouraging home purchases by transients imposing rigid qualifications on applicants. lowering the national foreclosure rate 83. The secondary mortgage market provides all of the following benefits except freeing capital for lenders reducing discounts on resale of loans. distributing money nationally stabilizing the mortgage money marts. 84 Fannie Mae replaced its free-market system auction with a[n) administered price system incremental rate system, bidder call system. 81. The transfer of the right, title, and interest in a property of one person to another is known as novation. [cha assignment. assumption. claim. P278 82. The sale of mortgage loans on the secondary market has a positive impact on the economy by stabilizing the mortgage money market. discouraging home purchases by transients imposing rigid qualifications on applicants. lowering the national foreclosure rate 83. The secondary mortgage market provides all of the following benefits except freeing capital for lenders reducing discounts on resale of loans. distributing money nationally stabilizing the mortgage money marts. 84 Fannie Mae replaced its free-market system auction with a[n) administered price system incremental rate system, bidder call system.
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below Question 81 The transfer of the right t... View the full answer
Related Book For
Business Law With UCC Applications
ISBN: 9780073524955
13th Edition
Authors: Gordon Brown, Paul Sukys
Posted Date:
Students also viewed these finance questions
-
3. [-/4 Points] DETAILS BRECMBC9 14.1.002. Using this table as needed, calculate the required information for the mortgage. Amount Interest Financed Rate Term of Loan (years) Number of $1,000s Table...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Using Figure 7-5 as an example, redraw Figure 7-12 using an enterprise information system that processes a shared database. Explain the advantages of this system over the paper-based system in Figure...
-
Let U be a nonempty subset of Rn. Show that U is a subspace if and only if S2 and S3 hold.
-
Normally, the metabolism of an organism functions at an essentially constant rate, called the basal metabolic rate of the organism. However, the metabolic rate may increase or decrease depending on...
-
What are trend percentages and how are they calculated? What pitfalls must financial statement users avoid when preparing trend percentages?
-
Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses equally. After all the tangible assets have been adjusted to current...
-
What is a clear problem statement based on the LASSO and A3 frameworks for SPAR South Africa regarding operation and supply chain management
-
In this exercise, you will create a payroll register for Athletics Supply House using ROUND, IF, and VLOOKUP functions. You will also modify the worksheet's layout and highlight key elements. Use...
-
(b) Crofter Ltd had total assets of $950,000 and equity of $290,000 at the beginning of the year. At the end of the year, the company had total assets of $810,000. During the year, the company sold...
-
A large positively charged object with charge 9+ = 4.75 C is brought near a negatively charged plastic ball suspended from a string of negligible mass. The suspended ball has a charge of q = -48.3 nC...
-
A company began January with 6,000 units of its principal product. The cost of each unit is $6. Inventory transactions for the month of January are as follows: Date of Purchase Units Purchases Unit...
-
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to five separate activity pools. The...
-
On December 31 Spearmint, Incorporated, issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. Complete the necessary journal entry for Spearmint, Incorporated, by selecting the account...
-
3 Woody is ready to select his mate for life and has determined that beauty, intelligence, and personality are the key factors in selecting a satisfactory mate. His pairwise comparison matrix for...
-
Planning for my retirement, my financial advisor recommends that I purchase a perpetual annuity. The guaranteed rate of return on the annuity is 4.5%. If I want to receive $90,000 every year, how...
-
The electric field due to a line charge is given by where l is a constant. Show that E is solenoidal. Show that it is also conservative. E =
-
A notary is required by law to read and understand all documents that he or she has witnessed. True/False
-
Even though charities depend on the solicitation of contributions, the courts have refused to enforce charitable pledges. True/False
-
The Revised Uniform Partnership Act has yet to be adopted by any state legislature. True/False
-
Modify the spread sheet to handle development costs.
-
What is a What if analysis?
-
You developed an overhead budget for a construction company. Historically, the companys construction costs are 89% of revenues. What volume of work does the construction company need to achieve in...
Study smarter with the SolutionInn App