On an fha loa Study guides, Class notes & Summaries

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MLO SAFE NMLS Safe Test Practice Questions And Answers 202223
  • MLO SAFE NMLS Safe Test Practice Questions And Answers 202223

  • Exam (elaborations) • 30 pages • 2022
  • 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 __________________________. - ANSWER-Predatory Lending. RESPA-Real Estate Settlement Procedures Act - ANSWER-The Federal Statute that deals with the settlement of residential mortgage loans. RESPA's section 9 Prohibits - ANSWER-Home sellers from requiring home buyers to purchase title insurance fro...
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NY Real Estate Practice Exam Questions And Answers(Sent from Professor at NYREI)
  • NY Real Estate Practice Exam Questions And Answers(Sent from Professor at NYREI)

  • Exam (elaborations) • 14 pages • 2022
  • Available in package deal
  • 1. To be licensed as a real estate broker, an individual must be at least how old? a. 16 b. 18 c. 20 d. 21 c. 20 2. Which of the following individuals is exempt from licensure? a. attorneys admitted to practice in the New York courts b. property managers who manage property for more than one individual or company c. individuals who only list property for sale d. auctioneers who only auction commercial real estate a. attorneys admitted to practice in the New York courts ...
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