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CHAMPIONS REAL ESTATE FINANCE EXAM
2025 QUESTIONS AN D ANSWERS .
_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - correct answer - Closing
The primary determinants of real estate values are supply and _____. - correct answer - Demand
_____ is something of value that can be pledged as security for repayment of a loan. - correct answer - Collateral
Servicing includes which of the following activities? - correct answer - Maintaining records of payment
The monetary policies of the _____affects interest rates and the availability of funds. - correct answer - Federal Reserve
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An excess supply of money in the market results in monetary _____. - correct answer - Inflation
Which agency insures deposits in banks and thrift institutions for up to $250,000? - correct answer - The Federal Deposit Insurance Corporation
The _____ is the interest rate a reserve bank charges eligible financial institutions to borrow funds on a short-term basis. - correct answer - Discount rate
Raising taxes and increasing borrowing are two ways at the
treasury level to: - correct answer - Raise funds to pay for
government spending
The Fed uses three primary monetary policy tools to influence the
cost and availability of credit: open market operations, the
discount rate, and _____. - correct answer - Reserve requirements
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