Question: please help me!!! Aland development loan has a unique characteristic in that it generally includes release provisions. Which of the following best describes these? Chi

Aland development loan has a unique characteristic in that it generally includes "release provisions. Which of the following best describes these? Chi O a Special terms that release the developer from liability as lots sell ob Prearranged mechanism to release sold lots/parcels from the lenders lien Ability of developer to pay off the loan at any time and be released from obligation Provision releasing lender from liability to public . Od All of the following are considered advantages associated with the secondary mortgage market EXCEPT: Ch19 a It enables mortgage originators to replenish funds for more mortgages Ob it facilitates geographic flow of mortgage funds It provides more sources of capital for the mortgage market Od It is a major source of financing for secondary schools
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
