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S.A.F.E Mortgage Loan Originator UPDATED Exam Questions and CORRECT Answers $8.99   Add to cart

Exam (elaborations)

S.A.F.E Mortgage Loan Originator UPDATED Exam Questions and CORRECT Answers

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S.A.F.E Mortgage Loan Originator UPDATED Exam Questions and CORRECT Answers GLBA - Correct Answer- Gramm-Leah-Bliley Act FTC - Correct Answer- Federal Trade Commission FCC - Correct Answer- Federal Communications Commission NPI - Correct Answer- Non-public Personal Information

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  • August 21, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • S.A.F.E Mortgage Loan Originator
  • S.A.F.E Mortgage Loan Originator
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MGRADES
S.A.F.E Mortgage Loan Originator UPDATED
Exam Questions and CORRECT Answers

GLBA - Correct Answer- Gramm-Leah-Bliley Act


FTC - Correct Answer- Federal Trade Commission


FCC - Correct Answer- Federal Communications Commission


NPI - Correct Answer- Non-public Personal Information


Consumer - Correct Answer- Individual who obtains financial services for personal use


Customer - Correct Answer- Continuing relationship with a financial institute


EBR - Correct Answer- Established Business Relationship


FACTA - Correct Answer- Fair Credit Reporting Act (Original FCRA)


FHA - Correct Answer- Fair Housing Act & Federal Housing Administration


ECOA - Correct Answer- Equal Credit Opportunity


HVCC - Correct Answer- Home Valuation Code of Conduct


HMDA - Correct Answer- Home Mortgage Disclosure Act


CRA - Correct Answer- Consumer Reporting Agency


FDIC - Correct Answer- Federal Deposit Insurance Corporation

, RESPA - Correct Answer- Real Estate Settlement Procedure Act


TILA - Correct Answer- Truth In Lending Act


FinCEN - Correct Answer- Financial Crime Enforcement Network


MDIA - Correct Answer- Mortgage Disclosure Improvement Act


DOJ - Correct Answer- Department of Justice


OIG - Correct Answer- Office of the Inspector General


SAR - Correct Answer- Suspicious Activity Report


GNMA - Correct Answer- Government National Mortgage Associates (Ginnie Mae)


LTV - Correct Answer- Loan to Value


FICO - Correct Answer- Fair Isaac Corporation


HECM - Correct Answer- Home Equity Conversion Mortgage (Reverse Mortgage)


Pre-Texting is what? - Correct Answer- Fraudulently obtaining personal information


FTC implements what? - Correct Answer- The DO NOT CALL registry


FCC Implements what? - Correct Answer- The DO NOT FAX registry


Safe Guard is Implement by what Act? - Correct Answer- GLBA

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