Which of the following is true regarding the moderate view of corporation social responsibility (CSR?)
APR stands for which of the following?
Annual Percentage Rate
Which of the following solutions is LEAST likely to be acceptable to a mortgagee when discussing alternatives to foreclosing a property?
Permanently reducing the interest rate
Which of the following is true regarding the moderate view of corporation social responsibility (CSR?)
Points are charged and the loan has a 30-year maturity but is prepaid in five years
In the Global Pool of Money podcast, what was the size of this "pool" under discussion? Remember, this is the fixed income portion only of global investment funds.
$70 Trillion
A borrower takes out a 30-year mortgage loan for $250,000 with an interest rate of 5%. What would the monthly payment be?
1342
The global pool of money podcast showed us an investment product designed by Wall Street in the early 2000's. These CDOs were in great demand for international investors because of their high rates of return. What does CDO stand for?
Collateralized Debt Obligation
After a house is purchased, contractors cannot ask the new owner of the house to pay any bills that were outstanding before the house was sold.
False
The grantee typically conveys title to the grantor by means of a deed.
False
What term BEST describes the borrower who is personally liable for a debt obligation related to the purchase of a home?
Mortgagor
Real estate refers to the physical land and improvements constructed on the land.
True
