Work Flow Specialist
Work Flow Specialist Interview Questions and Answers
Q1. US Mortgage: What is the role of secondary market in mortgage process?
The secondary market in the US mortgage process involves buying and selling mortgage loans after they have been originated.
The secondary market provides liquidity to the mortgage industry by allowing lenders to sell loans to investors, freeing up capital for more lending.
Investors in the secondary market can be government-sponsored entities like Fannie Mae and Freddie Mac, or private investors such as hedge funds and pension funds.
The prices of mortgage loans in the secondary...read more
Q2. Excel based questions: What is the purpose of pivot ?
Pivot tables in Excel are used to summarize, analyze, explore, and present data in a more organized and structured manner.
Pivot tables allow users to quickly summarize and analyze large amounts of data.
They can be used to reorganize and display data in a more meaningful way.
Users can easily group, sort, filter, and calculate data within a pivot table.
Pivot tables are helpful for creating reports, charts, and visualizations based on the data.
Examples: Summarizing sales data by...read more
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