When the term "warehousing" is used in connection with real property financing, the term would normally describe

A: A jumbo loan on a self-storage facility;
B: The underwriting of stock issues with loans against industrial property;
C: Loans regulated by Division 7 of the California Real Estate Law;
D: A mortgage banker collecting loans prior to sale.

Answer: D: A mortgage banker collecting loans prior to sale.

Business

You might also like to view...

Which of these is NOT a valid policy dividend option?

A) Reduce premium B) Paid-up additions C) One-year term D) Monthly income payments

View

Business

Operational managers use ESS primarily to solve specific problems

Indicate whether the statement is true or false

View

Business