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- Which of the following is NOT a form of long-term debt financing? Question 12 options: 1) Bond issue. 2) Bank term loans. 3) Accounts Payable. 4) Leasing.Loans backed by a simple promise to repay are known as _____ loans. open-end credit revolving credit securedu nsecuredGoing to a bank and applying for a mortgage loan would be an example of what type of financing? Group of answer choices Equity Financing Debt Financing Liquidiity Financing Abraham Lincoln
- 4. What is the difference between a pass-through mortgage-backed security and a collateralized mortgage obligation security (CMO)?4. In the lending operations, how many types of loan security? Which one is most popularWhich of the following is considered to be a good debt? Select one or more: a. credit card debt b. student loan debt c. store credit card debt d. payday loan
- 39) Select a common type of debt instrument used for housing loan from the following. a. None b. Unsecured loan c. Mortgage loan d. Term loanDefine the term amortized but write down its meaning in your own words in reference to amortized mortgages. Explain what an interest only mortgage is and who is eligible for these types of mortgages Is a mortgage contract an asset or a liability to the lender? Are all mortgages secured debt instruments? Mortgages can be insured? Who insures mortgages and why? Mortgage companies, savings institutions and commercial banks originate mortgages. Do mortgage brokers originate mortgages? If not, what do they do? Can mortgages be sold? If so, who buys mortgages?A loan secured with a financial asset (eg. Accounts receivables) is a called a ___________ loan. Collateral Debenture Mortgage Notes payable