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NMLS TEST-Affinity Exam Questions with Complete Solutions
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NMLS TEST-Affinity Exam Questions with Complete Solutions Regulation X is the letter used to describe which law? - Answer-RESPA RESPA is the acronym used to describe which law? - Answer-Real Estate Settlement Procedures Act What type of mortgage requires a non-refundable funding fee? - Answer-VA Loan What is the provision in a mortgage enabling a lender to demand full repayment if the borrower DEFAULTS on the loan? - Answer-Acceleration Clause What is the provision in a mortgage enabling a lender to demand full repayment if the borrower TRANSFERS the loan? - Answer-Alienation Clause
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