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Author Question: Thrift institutions that specialize in mortgage investments and borrow short and lend long are ... (Read 18 times)

crobinson2013

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on: Jul 1, 2018
Thrift institutions that specialize in mortgage investments and borrow short and lend long are risky.
 
  Indicate whether the statement is true or false

Question 2

In 1938, President Franklin D. Roosevelt signed the Fair Labor Standards Act which established a __________workweek.
 
  a. 35 hour
  b. 38 hour
  c. 44 hour
  d. 48 hour


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lin77x

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Reply #1 on: Jul 1, 2018
Answer to Question 1

T Such mortgage lenders are committed to long rates of interest which they finance with short-term funds, so if short-term rates rise they can lose money.

Answer to Question 2

C


crobinson2013

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

AngeliqueG

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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