A non institutional len Study guides, Class notes & Summaries

The Mortgage Lending Industry - ANSWER-Segment 1 Which one of the following is NOT an alternative term used to refer to a savings and loan institution? -Mutual savings bank -Thrift institution -Mortgage banker -Savings and loan association - ANSWER-Mortgage banker A non-institutional lender would be: -a seller of collateralized mortgage obligations -a seller offering a purchase money mortgage to a buyer -an insurance company -a mutual savings bank - ANSWER-a seller offering a purc...