FLORIDA MORTGAGE BROKER EXAMS COMPILATION BUNDLE 2023/2024|GUARANTEED SUCCESS

Office of Financial Regulation (OFR) - The Office. Regulatory authority in Florida. Responsible for overseeing banks, credit unions, savings associations, etc. Licenses and regulates non-depository finace entities. Financial Services Commission (The Commission) The head of the Office of Fin...

Financial Services Commission The governor and cabinet who select two officials to regulate banking, securities, and insurance Division of Finance Department responsible for licensing, examining and regulating non-depository financial services companies in Florida Bureau of Finance R...

What law prohibits a lender from requiring mortgage insurance through any agent or company? Anti - coercion law Who supervises all activities of the OFR? The director What are examples of prohibited practices under Chapter 494? Mostly fraud related activities Who can a fee or...

Which statement is TRUE concerning radon? Two homes next door to each other may have very different levels of radon. Hazel's brokerage firm has an annual expense budget of $162,000 that includes her own salary. She wants to make $20,000 profit. If she has seven sales associates, what must e...

Florida Office of Financial Regulation (OFR or the Office) Does what? oversees all financial institutions in the state of Florida. Within the Office, there are three Divisions What are the the three divisions in the OFR ? The Division of Finance, the Division of Financial Institutions, and ...