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NMLS Practice Test Questions and Answers Rated A

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1) Seller can Sell property at a premium/profit with Fannie Mae financing after? 30 days •60 days •90 days ✔✔•90 days 2) A COFI index is defined as? Cost of funds index •Cost of fina ... ncial index •Cost of funding insurance ✔✔cost of fund index 3) Subordinate financing relates to •seller financing. •second mortgages. •financing in the secondary mortgage market. •subprime loans. ✔✔second mortgage 4) Explain what Investors with non [Show More]

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