Compare and contrast independent mortgage companies and mortgage brokers
What will be an ideal response?
Answer: Independent mortgage companies are non-bank companies that use their own funds to offer mortgages. Mortgage brokers are non-bank companies that initiate loans on behalf of a mortgage lender in exchange for a fee.
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According to PRIZM, the ________ cluster is characterized by educated, midscale, and multiethnic, urban couples in America's fast-growing cities
Concentrated in a handful of metropolitan areas such as Las Vegas, Miami, and Albuquerque, these households feature older home owners, empty nesters, and college graduates. A) Beltway Boomers B) Old Milltowns C) Cosmopolitans D) Young Digerati E) Winner's Circle
Testing cutoff involves procedures applied to sales transactions selected from those recorded immediately prior to period end and immediately following period end
a. True b. False Indicate whether the statement is true or false
From Jolier's year-end income statement, you observe that the finished goods inventory has doubled during the year. This would indicate that during the year Jolier
a. sold more goods than were produced. b. produced more goods than last year. c. produced more goods than were sold. d. sold more goods than last year.
What is the overall purpose of a marketing plan?
A. to identify both existing and potential competitors of the firm B. to guide the analysis, implementation, and control of the firm's marketing strategy C. to define the target market and promotion strategies to be used on that market D. to define the company's strengths and weaknesses E. to determine whether or not a firm has enough capital to pursue its objectives