Unit 15: Government Involvement in Real Estate Financing Flashcards
1
Q
blanket loan
A
2
Q
buydown
A
3
Q
certificate of reasonable value (CRV)
A
4
Q
Community Reinvestment Act of 1977 (CRA)
A
5
Q
construction loan
A
6
Q
conventional loan
A
7
Q
Equal Credit Opportunity Act (ECOA)
A
8
Q
Fannie Mae
A
9
Q
Farmer Mac
A
10
Q
Federal Deposit Insurance Corporation (FDIC)
A
11
Q
Federal Reserve System (FED)
A
12
Q
FHA-insured loan
A
13
Q
Freddie Mac
A
14
Q
Ginnie Mae
A
15
Q
government-sponsored enterprises (GSE’s)
A
16
Q
home equity loan
A
17
Q
mortgage insurance premium (MIP)
A
18
Q
Office of the Comptroller of the Currency (OCC)
A
19
Q
open-end loan
A
20
Q
package loan
A
21
Q
primary mortgage market
A
22
Q
private mortgage insurance (PMI)
A
23
Q
Real Estate Settlement Procedures Act (RESPA)
A
24
Q
Regulation Z
A
25
Q
sale-and-leaseback
A
26
Q
secondary mortgage market
A
27
Q
triggering terms
A
28
Q
Truth in Lending Act (TILA)
A
29
Q
VA-guaranteed loan
A
30
Q
wraparound loan
A
