David Saks: December 2009

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 473

                                                #473

The FHA buys and sells loan in the secondary mortgage market as well as makes loans to borrowers in the primary mortgage market.

Is this fact true or false ?

Remember to take your time. The solution is posted below he wildlife photo.

wildlife

A.False

The only thing the FHA does is insure a loan made by the lender and doesn't actually make any loans.

The FHA doesn't deal in loans in the secondary mortgage market either.

 




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • December 28 2009 02:41AM
Real Estate Practice : Lesson 473
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