Maricopa Community Colleges  REA282AA   19936-20086 
Official Course Description: MCCCD Approval: 07/22/08
REA282AA 19936-20086 LEC 0.75 Credit(s) 0.75 Period(s)
Money and Lenders
Foundations of real estate finance, including economics, monetary systems, Federal Reserve operations, costs of money, types of lenders,and mortgage backed securities.
Prerequisites: None.
Go to Competencies    Go to Outline
 
MCCCD Official Course Competencies:
 
REA282AA   19936-20086 Money and Lenders
1. Define and describe the costs of money. (I, II, III)
2. Describe aspects of the economy which impact the real estate finance industry. (I, II, III)
3. Describe the secondary market. (IV, V)
4. List primary lending sources. (IV, V, VI, VII, IX)
5. List secondary lending sources. (IV, V, VI, VII, IX)
6. Describe FNMA, FHLMC, and GNMA and their role in real estate and the economy. (V, VIII)
Go to Description    Go to top of Competencies
 
MCCCD Official Course Outline:
 
REA282AA   19936-20086 Money and Lenders
        1. Real Estate and Economics
    II. Money and Monetary Systems
      III. Federal Reserve and Bank Operations
        IV. Capital Markets and Interest Rate Pricing
          V. Primary and Secondary Lenders and the Secondary Market
            VI. Mortgage Investors
              VII. Semifiduciary Lenders
                VIII. Mortgage Backed Securities
                  IX. Loan Commitment and Delivery
                  Go to Description    Go to top of Competencies    Go to top of Outline