How would you define the term primary mortgage market-


1. How would you define the term primary mortgage market?

2. Identify the classes of regulated lenders.

3. How does the government intend to simplify the banking system?

4. What is the present status of federal deposit insurance?

5. Explain why the Federal Reserve Bank places reserve requirements on depository institutions.

6. In what way has the Community Reinvestment Act affected the operation of regulated institutions?

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Finance Basics: How would you define the term primary mortgage market-
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