Which of the following is a lender in the primary mortgage market that would make a loan directly to a prospective borrower?
A. Mutual savings banks.
B. Federal Housing Administration (FHA).
C. Federal Home Loan Mortgage Corporation (FANNIE MAE).
D. Government National Mortgage Association (GINNIE MAE).
Answer: A. Mutual savings banks.
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Under the Securities Exchange Act of 1934, a person is liable for making a false or misleading statement (or omission) of a material fact in an SEC filing (Section 18). Moreover, defrauding anyone in the purchase or sale of any security is illegal (Section 10). Under these provisions, a plaintiff must bring a suit within
A. 5 years after the filing or the purchase or sale. B. 2 years after the cause of action arose. C. 5 years after discovery of the facts on which the suit is based. D. The earlier of 2 years after discovery of the facts on which the suit is based or 5 years after the cause of action arose.
A good way to test the thoroughness of your message is to use the ________ to ask whether the message answers who, what, when, where, why, and how
A) contrarian approach B) journalistic approach C) rhetorical approach D) storytelling approach