Writers of position papers do not try to anticipate possible objections, questions, and alternative positions of readers.

Describe two ways that you could troubleshoot your evaluation draft to make certain that the organization of your document is clear.

Consider a borrower with a gross monthly income (GMI) of $5,417 who has applied for a $144,000, 15-year mortgage which will be amortized monthly with a contract interest rate of 8.0 percent (annually). Property taxes and hazard insurance are estimated to be $250 and $42 per month, respectively. The applicant has 24 months remaining on a car payment of $380 per month. What is the applicant’s total debt (“back-end”) ratio (rounded to the nearest 1%)?

In a fee appraisal, the final price for each comparable property reached after all adjustments have been made is termed the:

The following question is worth 4 points.   Given the following mortgage loan information, calculate the borrower’s effective borrowing cost (EBC): loan amount: $175,000; loan term: 30 years; contract interest rate: 7 %; monthly payment: $1,164.28; up-front financing costs paid to the lender (including discount points): $3,000; up-front financing costs paid to third–party service providers (appraiser, attorney, etc.): $5,000. Assume the loan will be held/outstanding until the end of year 10. Chose the closet answer below.

Assuming all else the same, the ___________ of an annuity due will be _____________ that of an ordinary annuity.

Describe four approaches to selecting a subject for an observation essay.

Suppose you have taken out a $125,000 fully-amortizing fixed rate mortgage loan that has a term of 15 years and an interest rate of 6%. After your first mortgage payment, how much of the original loan balance is remaining?

Ways that a lender may respond to a loan default without resorting to foreclosure include all of the following except:

Which of the following is a system call interface method for interfacing with the memory manager?