What is a non-operative Revolving D Letter of Credit?
What is a closed loan?
Can the standby letter of credit be easily exchanged into cash?
Re inverse order of maturity, if prepayments are made and orig schdule is preserved, what abt the interest? will they be recomputed ?
Distinguish between portfolio risk and portfolio diversification
Some of the fees that are disclosed on the GFE are NOT paid by the borrower. Do they have to be on the 3rd page of the HUD-1?
What does Security Firm mean?
How is annual interest rate figured?