Question 1
For an independent mortgage bank, the primary source of regulatory capital risk on the balance sheet is most often:
Correct Answer:
Mortgage Servicing Rights (MSRs) volatility
Question 2
FHFA's 2022-revised eligibility framework for Fannie/Freddie seller-servicers requires which minimum net worth for an IMB?
Correct Answer:
$$2.5M plus 0.35% of UPB serviced
Question 3
In a typical mortgage M&A transaction, the 'MSR portfolio' is most commonly valued using:
Correct Answer:
Discounted cash flow model with prepayment speed and discount rate assumptions
Question 4
Under Dodd-Frank, the CFPB's supervisory exam authority over a non-bank mortgage company is exercised through:
Correct Answer:
CFPB-led supervisory exams, often coordinated with state regulators through SES
Question 5
In strategic planning for a mortgage banker, 'gain on sale margin compression' is best addressed by:
Correct Answer:
Diversifying channels, optimizing cost-to-originate, and adding non-rate-sensitive products
Question 1
Exam overview

About this Exam

Prepare with the MBA Executive CMB Practice Questions - Executive Certified Mortgage Banker Exam practice quiz. This question bank includes 100 questions covering mortgage, typically, banker, rule, and executive. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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MBA Executive CMB Practice Questions - Executive Certified Mortgage Banker Exam

This practice set contains 100 questions from the matching question bank and focuses on mortgage, typically, banker, rule, and executive. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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