Spring 2008 Homework and Exams

I will post homework assignments, quizzes, and exams on this page as they are available.  I will also post sample problems with solutions for you to work as extra practice. 

Page last updated: 11/19/09

Current grades - Excel spreadsheet (updated 5/20/2009)

Current semester materials
  - Current semester homework assignments
  - Current semester exams
Practice homework problems & quizzes by topic
  - Time value of money review
  - Legal issues in mortgage finance
  - Fixed-rate mortgages
  - EBC and the APR / Charging fees to achieve yield
  - Reverse mortgages
  - Adjustable-rate mortgages
   - Comparing financial alternatives
  - Residential mortgage underwriting
  - Commercial property finance
Practice exams
Adobe Acrobat Reader software

Current Semester Homework Assignments

  • Homework #1 - Financing: Notes and mortgages - Due February 23 (answers can be found in Chapter 2 of the text)

  • Homework #2 - Fixed-rate mortgages - February 2

  • Homework #3 - Effective borrowing cost and the APR - Due February 4

  • Homework #4 - Adjustable-rate mortgages - Due February 11

  • Homework #5 - Incremental borrowing costs - Due March 2

  • Homework #6 - Refinancing decisions - Due March 9

  • Homework #7 - Refinancing analysis - Due March 23

    • Assignment - PDF format, MS Word format
      (NOTE: We will go through this in class, but I will not be posting partial solutions for this assignment.)

  • Homework #8 - Residential underwriting - Cancelled.

  • Homework #9 - Commercial mortgages - Due April 15

  • Homework #10 - Secondary mortgage market securities - Due May 11

 

Current Semester Exams

Practice Homework Problems and Quizzes

I have pulled together homework assignments and quiz questions from past semesters for you to use as study guides.  Please note that the problems are typically longer and more involved than the assignments you have turned in.  But they are also more like what you will see on the exam.  Make sure you work through them thoroughly.  You should also look at the practice exams posted below. 

Practice Exams

I have posted some old exams so that you can prepare for the length and difficulty of the exams in a timed environment.  It is well worth your time, however, to work through the practice problems and questions posted above as well.  

Adobe Acrobat Reader

Get Acrobat ReaderYou will need the Adobe Acrobat Reader to view and print many of the files I post here.  You can download it for free at the Adobe Acrobat web site.
   
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