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A nonbank financial intermediary that primarily makes loans to construction companies for building homes is the a. life insurance company. C. mutual fund. b. finance company. d. real estate investment
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A nonbank financial intermediary that primarily makes loans to construction companies for building homes is the

a. life insurance company.
C. mutual fund.
b. finance company.
d. real estate investment trust.

User Prethia
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1 Answer

3 votes

Answer:

d. real estate investment trust.

Step-by-step explanation:

Real estate investment funds are usually owned by company of shareholders. the major activities performed by these investors is to contribute funds and invest the contributed funds into housing, estates, hospitals, offices etc. so we can simply say real estate investment trust is a on bank financial intermediary that primarily makes loans to construction companies for building home etc.

User Eimantas
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