NMLS
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997 NMLS Questions with Answers The practice of getting people to sell their homes at bargain prices by suggesting that certain ethnic groups are going to move into the area is nicknamed: -Price fixing -Redlining -Steering -Blockbusting>>>> Blockbusting You and the borrower believe an Adjustable Rate Mortgage would be best for the borrower. What is the name of the booklet you are required to give? -CHARM Booklet -ARM Disclosure -Fair Lending Practices Booklet -RESPA Bo...
560 NMLS Terms and Exam Questions Review and Answers RESPA >>>Real Estate Settlement Procedures Act Regulation X Which of the following circumstances is least likely to lead to a determination that two entities are operating a sham affiliated business arrangement under RESPA? A. The same person owns both entities B. One entity shares office space with the other entity C. One entity's business comes exclusively from referrals from another entity D. Both entities share the sam...