Convertible Mortgages

Please choose the most appropriate answer for each sentence.
  • 1

    A borrower is usually required to pay fees to change from a convertible ..... mortgage to a fixed-rate loan, and the conversion can only happen during a specific period of time; it is common to find that this fixed rate is slightly higher than standard fixed rates.

  • 2

    A book-..... security is one that is not available to purchasers in physical form; such a security may be held either as a computer listing on the records of a central holder (as is the case with certain U.S. Government securities) or in the form of a single, global certificate.

  • 3

    The ..... has helped millions of Americans secure their dream of homeownership since 1934; it provides mortgage insurance on loans made by approved lenders throughout the United States and its territories and is the largest government-backed mortgage insurer.

  • 4

    Subject to subsection (2), the duty and authority of the drawee institution to pay a cheque are terminated by (a) ..... of payment, (b) notice of the drawer's mental incapacity to incur liability on a cheque, or (c) notice of the drawer's death.

  • 5

    According to ERISA, regulatory and case law requires that retirement plan sponsors and their advisors act for the exclusive benefit of participants and with the skill, care and diligence of a prudent ......

  • 6

    Latin American markets financing on international capital markets boomed in the first quarter of 2000, despite increasing volatility in industrial financial markets; net financing ..... picked up in the first quarter of 2000, boosted by improved credit quality, a record of new debt issuance and low amortization payments due.

  • 7

    If you are considered to be ..... participant in a company plan, and your income is above certain limits, then you cannot take a tax deduction for your traditional IRA contribution.

  • 8

    Your company's stock can list on The NASDAQ Stock Market in addition to being traded on your current exchange; NASDAQ launched the highly successful ..... listing program in 2004 to offer companies an opportunity to experience its superior market performance firsthand without disruption.

  • 9

    In his May 2006 speech, David Walton of the Monetary Policy Committee of the Bank of England commented that "the ..... of risks has shifted a little too much to the upside on inflation for comfort, and that, I believe, justifies a small tightening in monetary policy".

  • 10

    ..... Personal Financial Planning Specialists are provided credentials through the Certified Financial Planner Board of Standards; after the examination, the CPA may offer services in personal financial planning, assessing the financial condition of clients and making sure they are utilizing available resources to the best advantage.

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