Gramm leach bliley act - Study guides, Class notes & Summaries

D - -What is the more common name of Title V of the Housing and Economic Recovery Act of 2008? a) FACTA b) Gramm-Leach-Bliley Act c) Red Flag Rules d) SAFE Act B - -3) Which of the following is NOT an involuntary lien? a) Judgement lien b) Mortgage lien c) Mechanic's lien d) IRS tax lien C - -2) Under ECOA, which of the following may NOT be considered adversely when underwriting the loan? a) borrower's employment history b) borrower's history of making payments on past obli...

Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - ANSWER-TILA What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - ANSWER-Loan flipping or churning After a loan closing, funds are disbursed. When are the funds disbursed for an owneroccupied, residential refinance? - ANSWER-After 3 business-day rescission period W...

CIPM Scenario Practice Questions with Certified Solutions SCENARIO ALBERT & TREASURE BOX ANSWER THESE CARDS IN ORDER AND USE THE NEXT CARD FOR THE FOLLOWING QUESTIONS SCENARIO ALBERT & TREASURE BOX For 15 years, Albert has worked at Treasure Box - a mail order company in the United States (U.S.) that used to sell decorative candles around the world, but has recently decided to limit its shipments to customers in the 48 contiguous states. Despite his years of experience, Albert is often overloo...

Who is responsible for ensuring that the Closing Disclosure is delivered to the consumer? A.The creditor B.The loan processor C.The consumer D. The CFPB - Answer-A. the creditor Which law restricts the sharing of information given when a consumer applies for a mortgage loan? A. Fair Credit Reporting Act B. FTC Disposal Rules C. Gramm-Leach-Bliley Act D. Consumer Regulatory Protection Act - Answer-C. Gramm-Leach-Bliley Act Which document actually contains the borrower's pro...

CIPP/US Study test in depth Examination and 100% correctly verified Solutions Latest version 2024/2025 ESI - correct answer Electronically stored Information (i.e. e-mail, word-processing docs, server logs, IM, transcripts, voicemail, social networking, thumb drives, or data on SD cards. Employment at Will - correct answer General rule in the US which grants the employer broad discretion to fire an employee. FCRA - correct answer Fair Credit Reporting Act Fair Credit Reporting Act - ...

What is IT Governance? : A framework that ensures that information technology decisions are made while taking into account a business' goals and objectives. Why is corporate governance important today : Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur Who are responsible for governance : such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders What a...

HCCA - CHPC Study Questions And Answers 100% Guaranteed Success. What is the purpose of HIPAA? - correct answer. • Protect PHI from unauthorized disclosure/use; • Prevent fraud, waste and abuse (via Administrative Simplification); • Make health insurance portable under ERISA; • Move health care onto a nationally standardized electronic billing platform Ref. More on HIPAA: HIPAA resides in which CFR section? - correct answer. 45 CFR sections 164.102 through 164.53...

IT Governance : A framework that ensures that information technology decisions are made while taking into account a business' goals and objectives. Why is corporate governance important today corporate governance importance: : Mainly because of many scandals we have seen today corporate governance : is the set of processes, customs, rules, procedures, policies, and traditions that determine how to direct and control management activities Who are responsible for governance : an organ...

Who is it that says that we can't lie to get financial information from a person? CORRECT ANSWER 'Mister GLB' Gramm-Leach-Bliley Act since 1999 What is a consumer report? CORRECT ANSWER A pre-employment background check that looks at criminal and civil records, driving records, civil lawsuits, and any other info obtained by the Consumer Reporting Agency (CRA) *requires the applicants written consent* What type of fire extinguisher would you use on a flammable liquid fire, like a greas...

D430: Fundamentals of Information Security – Already Passed information security "protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction." - US law protection of digital assets. secure it's difficult to define when you're truly secure. when you can spot insecurities, you can take steps to mitigate these issues. although you'll never get to a truly secure state, you can take steps in the right direct...