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Chapter 5 - Sources of Funds

Horizontales
Mortgage __ is a company, individual, or institution that originates mortgages.
A __ plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a worker's future benefit.
Provides financing for income-producing real estate by purchasing or originating mortgages and mortgage-backed securities and earning income from the interest on these investments.
__ banks make loans to its borrowers using the deposits from other customers.
__ insurance companies are more conservative in their lending policies.
Verticales
Real Estate __ - Fixed income investments or loans, backed by real property.
Mortgage __ is a middleman who brings mortgage borrowers and mortgage lenders together but does not use its own funds to originate mortgages.
A company that owns, operates, or finances income-generating real estate. Consists of a pool of real estate related investments.
If the primary lender keeps the loan, it is known as a __ loan and it requires less stringent underwriting criteria since it won’t be sold in the secondary market.
Primary mortgage market lenders include __ unions.