The mortgages used to purchase the townhouses and apartment complexes are classified as __________?
Option A: multi mortgage
Option B: multifamily dwelling mortgages
Option C: sovereign dwelling mortgages
Option D: primary dwelling mortgages
Correct Answer: multifamily dwelling mortgages ✔
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The ownership of mortgaged property will be transferred to financial institution if the __________?
Option A: borrower defaults
Option B: borrower does not default
Option C: borrower want less rate
Option D: borrower want profit
Correct Answer: borrower defaults ✔
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Option A: swapped mortgages
Option B: sovereign mortgages
Option C: secondary mortgages
Option D: primary mortgagees
Correct Answer: primary mortgagees ✔
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The mortgages used to purchase the shopping malls and office buildings are classified as __________?
Option A: developed mortgages
Option B: dwelling mortgages
Option C: commercial mortgages
Option D: non-commercial mortgages
Correct Answer: commercial mortgages ✔
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Option A: secondary loan
Option B: primary loan
Option C: mortgages
Option D: swapped mortgages
Correct Answer: mortgages ✔
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Option A: three institutions
Option B: single investor
Option C: multiple investor
Option D: multiple institutions
Correct Answer: single investor ✔
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