When a borrower uses a mortgage broker to originate his or her loan, who is initially responsible for providing the Good Faith Estimate?
a. The lender
b. The mortgage broker
c. The title company
d. The settlement agent
Ans: b. The mortgage broker
Business
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Higher depreciation rates:
A) allow assets to be depreciated more rapidly. B) decrease the CCA depreciation tax shield. C) allow more depreciation over the asset's life. D) Have no effect on the CCA tax shield.
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A property manager
a. must be a real estate broker. b. is the property owner's agent. c. is the tenant's agent. d. is not an agent.
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