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NMLS BUNDLED EXAMS questions and verified correct answers
NMLS S.A.F.E Exam Practice questions and 100% correct answers MLO SAFE NMLS safe test practice questions and 100% correct answers
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NMLS SAFE EXAM questions and 1oo% correct answers
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Primary Mortgage Market - correct answer Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan - correct answer When an ARM has rate caps of 5/2/6, the 6 refers to what? A. The maximum rate increase at the initial adjustment B. The start rat...
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Add to cartPrimary Mortgage Market - correct answer Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan - correct answer When an ARM has rate caps of 5/2/6, the 6 refers to what? A. The maximum rate increase at the initial adjustment B. The start rat...
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MLO SAFE NMLS safe test practice questions and 100% correct answers
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Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. - correct answer Predatory Lending. RESPA-Real Estate Settlement Procedures...
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Add to cartTaking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. - correct answer Predatory Lending. RESPA-Real Estate Settlement Procedures...
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NMLS SAFE EXAM questions and verified correct answers
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What does TILA stand for? - correct answer Truth-In-Lending Act, Regulation Z What is a HELOC loan? - correct answer a secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - correct answer LTV stands for - correct answer Loan ...
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Add to cartWhat does TILA stand for? - correct answer Truth-In-Lending Act, Regulation Z What is a HELOC loan? - correct answer a secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - correct answer LTV stands for - correct answer Loan ...
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NMLS S.A.F.E Exam Practice questions and 100% correct answers
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Enhancing protection and reducing fraud by directing states to adopt minimum uniform standards for the licensing and registration of residential mortgage loan originators was the purpose of the federal act known as the: a. S.A.F.E. Act b. Federal Trade Act c. Consumer Financial Protection Act ...
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Add to cartEnhancing protection and reducing fraud by directing states to adopt minimum uniform standards for the licensing and registration of residential mortgage loan originators was the purpose of the federal act known as the: a. S.A.F.E. Act b. Federal Trade Act c. Consumer Financial Protection Act ...
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NMLS SAFE EXAM questions and verified correct answers
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ECOA - Reg B - correct answer Equal Credit Opportunity Act HMDA - Reg C - correct answer Home Mortgage Disclosure Act RESPA - Reg X - correct answer Real Estate Settlement Procedures Act TILA - Reg Z - correct answer Truth In Lending Act HPA - correct answer Home-owner Protection Ac...
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Add to cartECOA - Reg B - correct answer Equal Credit Opportunity Act HMDA - Reg C - correct answer Home Mortgage Disclosure Act RESPA - Reg X - correct answer Real Estate Settlement Procedures Act TILA - Reg Z - correct answer Truth In Lending Act HPA - correct answer Home-owner Protection Ac...
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