2.1 Flashcards
(6 cards)
0
Q
The mortgage pipeline refers to a series of processes that ends with the successful _____.
A
closing, or funding of the loan
1
Q
The mortgage pipeline refers to a series of processes that starts with the _______.
A
loan application
2
Q
A common world-wide metaphor for money is ______.
A
water
3
Q
The _________ helps borrowers make an application for a loan.
A
originator
4
Q
_______ assemble the applicant’s file for review by an underwriter.
A
Processor
5
Q
_______ loan the money.
A
Investors/lenders
