1. The share of the mortgage market held by savings and loans is approximately:
80%
two-thirds
50%
25%
10% or less
2. During the last years of an amortizing mortgage loan, the lender applies
most of the monthly payment to the outstanding principal balance
all of the monthly payment to the outstanding principal balance
most of the monthly payment to interest on the loan
all of the monthly payment to interest on the loan
the monthly payment equally to interest on the loan and the outstanding principal balance