Mortgage Banker Question:
Download Job Interview Questions and Answers PDF
What is adjustment credit?
Answer:
Adjustment credit is a short-term loan made by the Federal Reserve Bank (U.S) to the commercial bank to maintain reserve requirements and support short term lending, when they are short of cash.
Download Mortgage Banker Interview Questions And Answers
PDF
| Previous Question | Next Question |
| What is the 'cost of debt'? | What is home equity loan? |