Does the borrower Study guides, Class notes & Summaries
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![RMLO - Champions School of Real Estate| 109 questions with 100% correct answers](/docpics/3611412/652864070e966_3611412_121_171.jpeg)
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RMLO - Champions School of Real Estate| 109 questions with 100% correct answers
- Exam (elaborations) • 12 pages • 2023
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A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. 
secondary market 
 
 
 
The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. 
Federal Housing Finance Agency (FHFA) 
 
 
 
The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. 
Gov't. National Mortgage Association - Ginnie Mae 
 
 
 
...
![NSA Notary Signing Agent | 2023 | Questions with 100% Correct Answers | Updated & Verified](/docpics/3184805/64cc09aa0722f_3184805_121_171.jpeg)
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NSA Notary Signing Agent | 2023 | Questions with 100% Correct Answers | Updated & Verified
- Exam (elaborations) • 8 pages • 2023
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A Notary Signing Agent has been providing signing services with no incidents for over 10 years 
without having undergone a background screening. Therefore he or she: - Must still obtain 
and pass a background screening 
A Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar 
with all the documents in a loan package. When meeting with the borrower, the Notary Signing 
Agent may now: - Present and state the general purpose of each document and how it must 
b...
![USAREUR (GERMAN DRIVER'S LICENSE) TEST EXAM COMPLETE QUESTIONS AND ANSWERS 2023 GRADED A+](/docpics/2734662/645d809f6af07_2734662_121_171.jpeg)
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USAREUR (GERMAN DRIVER'S LICENSE) TEST EXAM COMPLETE QUESTIONS AND ANSWERS 2023 GRADED A+
- Exam (elaborations) • 23 pages • 2023
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USAREUR (GERMAN DRIVER'S LICENSE) TEST EXAM COMPLETE QUESTIONS AND ANSWERS 2023 GRADED A+. 
During daytime, where is it permitted to use headlights to signal the intention to pass? 
Outside city limits 
Within city limits 
Both of the above - Outside city limits 
In a housing area controlled by the U.S. Forces, what are drivers required to do when 
approaching a school bus that has come to a stop? 
Slow down and pass with caution. 
Stop, regardless of whether or not approaching or following the...
![NSA Notary correct answers 100% rated](/docpics/2968193/6499ef888028a_2968193_121_171.jpeg)
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NSA Notary correct answers 100% rated
- Exam (elaborations) • 5 pages • 2023
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NSA Notary correct answers 100% rated 
A Notary Signing Agent has been providing signing services with no incidents for over 10 years without having undergone a background screening. Therefore he or she: 
Must still obtain and pass a background screening 
 
 
 
A Notary Signing Agent with nearly 10 years experience has reviewed and is completely familiar with all the documents in a loan package. When meeting with the borrower, the Notary Signing Agent may now: 
Present and state the general purp...
![National USPAP Course Exam with 100% Correct Answers 2023](/docpics/6411fb7c7bbec_2476046.jpg)
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National USPAP Course Exam with 100% Correct Answers 2023
- Exam (elaborations) • 14 pages • 2023
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National USPAP Course Exam 
The Appraisal Foundation has the authority to enforce the requirements of USPAP. - 
Correct answer-False 
Currently, the boards within the Appraisal Foundation include: - Correct answerAppraisal Standards Board, Appraisal Qualifications Board, Board of Trustees 
Which Foundation board is responsible for USPAP? - Correct answer-Appraisal 
Standards Board 
Qualification criteria for appraiser certification and recertification are disseminated to 
state appraisal boards ...
![Michigan Residential Builder's License Test With Correct Solution](/docpics/3122015/64bea2640c094_3122015_121_171.jpeg)
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Michigan Residential Builder's License Test With Correct Solution
- Exam (elaborations) • 114 pages • 2023
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What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year 
 
What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years 
 
On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address 
 
What is the cost of the indi...
![PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023!](/docpics/2913108/648d66ab41f22_2913108_121_171.jpeg)
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023!
- Exam (elaborations) • 26 pages • 2023
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PSI NJ Real Estate Exam, PSI Practice Test|100% Verified Complete solutions|Newly Updated 2023! 
Water Rights 
The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is 
an agent to the broker and a subagent to the principal. 
Depreciation is calculated based on the 
Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien i...
![Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass](/docpics/5086248/6627eb468e790_5086248_121_171.jpeg)
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
- Exam (elaborations) • 48 pages • 2024
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
![GED Test 740 Questions with Verified Answers,100% CORRECT](/docpics/3842943/65550bafc2969_3842943_121_171.jpeg)
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GED Test 740 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 58 pages • 2023
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GED Test 740 Questions with Verified Answers 
 
"WOW! Mom rides a kayak at noon." How are the underlined words alike? - CORRECT ANSWER They are palindromes 
 
Who was the author of Common Sense: Thomas Paine or Thomas Jefferson? - CORRECT ANSWER Thomas Paine 
 
What is NOT a real shark: hammerhead, shovelhead, or tigerhead? - CORRECT ANSWER tigerhead 
 
What is the force that slows down an object or stops its motion? - CORRECT ANSWER friction 
 
Which is greater than 90 degrees: an acute angle...
![2023/24 PSC Notes - Financial and Business Skills](/docpics/2712827/6458bc99184a2_2712827_121_171.jpeg)
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2023/24 PSC Notes - Financial and Business Skills
- Exam (elaborations) • 22 pages • 2023
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QUESTION 1 
No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). Need to ensure 
that the firm is not committing a criminal offence by carrying out a regulated activity without authority 
pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 
1. Are you in Business? 
a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. As the firm 
is providing a service for the client, it is in business for...
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