Work Flow Specialist Interview Questions and Answers

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

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