nvolves parties and transactions related to loans granted to households who desire to buy properties.*1 pointOrganized marketsConsumer credit marketOver-the-counter marketAuction Market

Property that is pledged to the lender in the event that a borrower cannot make his or herdebt payment is calledA) collateral.B) points.C) interest.D) good faith money.

Financial institutions move money from Question 29Select one:a.sellers to buyersb.buyers to sellersc.savers to borrowersd.borrowers to savers

The Clarks borrowed $175,000 from a lender to purchase a townhouse. This is an example of _____.A.a mortgageB.revolving creditC.a line of creditD.collateralSUBMITarrow_backPREVIOUS

Includes the financial securities that represent an ownership interest in a pool of mortgage loans.

Primary MarketsMarkets in which financial instruments are newly issued by borrowers to initial buyersNot well known to public because selling to the initial buyers often takes place behind the closed doors. An important financial institution i.e. Investment banks assist in initial sale of securities in PM. They do so by underwriting securities it guarantees a price for the securities and sell them to general public. explain this in simple words