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PLM PRACTICE TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!! $13.99   Add to cart

Exam (elaborations)

PLM PRACTICE TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!!

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PLM PRACTICE TEST QUESTIONS & ANSWERS SOLVED 100% CORRECT!!

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  • October 3, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • usda loans are primaril
  • PLM
  • PLM
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EvaTee
PLM PRACTICE TEST
QUESTIONS &
ANSWERS SOLVED
100% CORRECT!!
PLM

Evatee 10/3/24 PLM

, PLM PRACTICE TEST QUESTIONS & ANSWERS
SOLVED 100% CORRECT!!


Upfront MIP is collected on... Answer - All FHA loans.


A licensed loan originator is working for a licensed entity. Answer - He or she
can only work for the licensed entity with which he or she is currently
employed


In a deed of trust, the right that the trustee has to proceed with non-judicial
foreclosure is called: Answer - Power of sale


The DRE is headed by the: Answer - Director


Utah's Residential Mortgage Regulatory Commission consists of: Answer - Five
members that serve four-year terms


The ___________________ was created to detect, investigate, prosecute, and
deter mortgage fraud and other major financial fraud crimes in Utah. Answer -
Mortgage and Financial Fraud Unit


Which of the following is an example of open-ended credit? Answer - HELOC


An affiliated business arrangement established for the illegal purpose of
collecting excessive fees from consumers and splitting them among
participants is known as: Answer - A sham affiliated business arrangement

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