Hubert borrows $100,000 from Integrity Mortgage Mart to buy a home. Soon after obtaining the mortgage, Integrity convinces Hubert to refinance. This is
A. a short sale.
B. a subprime mortgage.
C. loan flipping.
D. steering and targeting.
Answer: C
You might also like to view...
Use the following information for Meeker Corp. to determine the amount of equity to report. Cash$ 74,000 Buildings 128,000? Land 212,200? Liabilities 133,000?
A. $414,200. B. $25,200. C. $547,200. D. $281,200. E. $291,200.
Costs incurred to correct defects in products prior to shipment are referred to as ________________________________________
Fill in the blank(s) with correct word
Which of the following represents the structure of a typical organization?
A. Cube B. Pyramid C. Circle D. Flat line
To make an S election effective as of the beginning of the current year, an S corporation must file IRS Form 2553 within three and a half months after the beginning of the year.
Answer the following statement true (T) or false (F)