What is a conventional loan?
What will be an ideal response?
In contrast to government loans, there are loans that have no explicit guarantee from the federal government. Such loans are obtained from "conventional financing" and therefore are referred to in the market as conventional loans. Although a conventional loan may not be insured when it is originated, a loan may qualify to be insured when it is included in a pool of mortgage loans that backs a mortgage-backed security (MBS).
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Which of the following is the third step in the procedure of conducting a research by researchers using a DSGE model??
A. ?To match up the model with economic data, using statistical techniques to calculate the size of shocks that occur. B. ?To pose the question to be answered. C. ?To simulate the model and compare statistical properties of the model with those of the data. D. ?To develop a model containing major elements needed to answer the question, and to analyze the decision that each economic agent must face.
Consider Figure 6.1. Suppose the European government provides Airbus a subsidy of $4 million on each aircraft manufactured and that the subsidy convinces Boeing to exit the Canadian market. As the monopoly seller, Airbus maximizes profit by selling ______________ aircraft at a price of $______________, and realizes profits totaling $______________.
a. 6, $10 million, $36 million b. 6, $12 million, $24 million c. 12, $10 million, $36 million d. 12, $12 million, $24 million
Which of the following was not a goal of ASOBAT?
a. To identify the field of accounting so that useful generalizations about it could be made and a theory developed b. To establish standards by which accounting information might be judged c. To point out possible improvements in accounting practice d. To emphasize the creative skill and ability of the accountant, whose presentation should be accepted by those who do not have his or her qualifications and credentials
A _______ by a team that assesses a market offering's attributes in terms of their functionality or performance, calculates the total costs associated with providing this specific functionality or performance, and attempts to identify lower-cost
alternatives. a. customer incentive to purchase b. customer value management c. value analysis d. concept of value in the business markets