Nmls loan officer Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Nmls loan officer? On this page you'll find 98 study documents about Nmls loan officer.
Page 3 out of 98 results
Sort by
![Florida Mortgage Loan Officer Exam with complete solutions.](/docpics/4826946/6602b4ed1c7a9_4826946_121_171.jpeg)
-
Florida Mortgage Loan Officer Exam with complete solutions.
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $14.49
- + learn more
ancial Regulation (OFR or the Office) Does what? 
oversees all financial institutions in the state of Florida. Within the Office, there are three Divisions 
 
 
 
What are the the three divisions in the OFR ? 
The Division of Finance, the Division of Financial Institutions, and the Division of Securities. 
 
 
 
The Division of Finance (the Division) Does what ? 
oversees the regulation of non-depository financial services professionals including mortgage loan originators,mortgage brokers, and m...
![Florida Mortgage Loan Officer Exam with complete solutions](/docpics/4827122/6602b69c77e08_4827122_121_171.jpeg)
-
Florida Mortgage Loan Officer Exam with complete solutions
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $14.49
- + learn more
Florida Office of Financial Regulation (OFR or the Office) Does what? 
oversees all financial institutions in the state of Florida. Within the Office, there are three Divisions 
 
 
 
What are the the three divisions in the OFR ? 
The Division of Finance, the Division of Financial Institutions, and the Division of Securities. 
 
 
 
The Division of Finance (the Division) Does what ? 
oversees the regulation of non-depository financial services professionals including mortgage loan originators,mo...
![NMLS Practice Test Questions and Answers latest updated 2024](/docpics/4235413/65a5663e1d80d_4235413_121_171.jpeg)
-
NMLS Practice Test Questions and Answers latest updated 2024
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
-
- $17.99
- + learn more
NMLS Practice Test Questions and Answers latest updated 2024 
1) Seller can Sell property at a premium/profit with Fannie Mae financing after? 
30 days 
•60 days 
•90 days 
•90 days 
 
 
 
2) A COFI index is defined as? 
 
Cost of funds index 
•Cost of financial index 
•Cost of funding insurance 
cost of fund index 
 
 
 
 
Brainpower 
Read More 
Previous 
Play 
Next 
Rewind 10 seconds 
Move forward 10 seconds 
Unmute 
0:07 
/ 
0:15 
Full screen 
3) Subordinate financing relates to 
 
...
![UST Quiz and answer rated A+ 2024](/docpics/4892965/660b2d3cebd1b_4892965_121_171.jpeg)
-
UST Quiz and answer rated A+ 2024
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
-
- $14.99
- + learn more
UST Quiz and answer rated A+ 2024 The functions of participating in the NMLS, conducting background checks, and writing rules and regulations are required under the SAFE Act by: 
a. a state licensing agency 
b. a state legislature 
c. a state Attorney General 
d. The CFPB - correct answer a. A state licensing agency 
 
2. Sam Schmeal was a licensed loan officer under the employ of Mortgages R' Us 8 years ago. During his last year of employment Sam had his license revoked when it was discover...
![California Mortgage Law Practice Exam Questions and Answers 100% Pass](/docpics/4380439/65ba138b0d8ac_4380439_121_171.jpeg)
-
California Mortgage Law Practice Exam Questions and Answers 100% Pass
- Exam (elaborations) • 10 pages • 2024
-
- $9.99
- + learn more
California Mortgage Law Practice Exam Questions and Answers 100% Pass 
If a broker receives payments related to a property management contract or a loan servicing contract whereby the broker is entitled to a part of the money as fees, the broker must deposit the funds in the trust account and must withdraw the fees: Within 25 days 
Mitigating factors that mortgage lenders offset the risk associated with nontraditional loan products may include each of the following EXCEPT: Rising real estate pri...
![NMLS Practice Test Questions and answers, rated A+/ LATEST UPDATE [ EXAM PREDICTION QUIZZES]](/docpics/4558489/65d59e113eca5_4558489_121_171.jpeg)
-
NMLS Practice Test Questions and answers, rated A+/ LATEST UPDATE [ EXAM PREDICTION QUIZZES]
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
NMLS Practice Test Questions and 
answers, rated A+ 
1) Seller can Sell property at a premium/profit with Fannie Mae financing after? 
30 days 
•60 days 
•90 days - -•90 days 
2) A COFI index is defined as? 
Cost of funds index 
•Cost of financial index 
•Cost of funding insurance - -cost of fund index 
3) Subordinate financing relates to 
•seller financing. 
•second mortgages. 
•financing in the secondary mortgage market. 
•subprime loans. - -second mortgage 
4) Explain what...
![Loan Officer – NMLS Questions and Answers Graded A+](/docpics/63b6b4bf065d6_2224642.jpg)
-
Loan Officer – NMLS Questions and Answers Graded A+
- Exam (elaborations) • 45 pages • 2023
-
- $12.49
- + learn more
Loan Officer – NMLS Questions and Answers Graded A+ ECOA - REG B Equal Credit Opportunities Act 
If App for Cedit is Denied based on Appraisal, Borrower has 90 days to request a copy then Lender has 30 days to deliver 
HMDA - REG C Home Mortgage Disclosure Act 
Found in: 
Section 10 of 10-03 Loan App 
Government Monitoring Section 
Eliminates / Identifies Possible Discrimination 
RESPA - REG X Real Estate Settlement Procedures Act 
TIL/TILA - REG Z Truth in Lending Act (2015) 
Deals with: (Of ...
![NMLS Practice Exam Questions and Answers.docx](/docpics/5608567/66680fd8b781f_5608567_121_171.jpeg)
-
NMLS Practice Exam Questions and Answers.docx
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
-
- $13.39
- + learn more
NMLS Practice Exam Questions and A 
 
RESP does not apply to: 
 
a) Loans secured by a lien on a principal dwelling b) Federally related mortgage loans 
c)Subprime mortgage loans 
d)Loans for business, commercial and agricultural purposes - Answer-d) Loans for business, commercial and agricultural purposes 
 
Under the Fair Credit Reporting Act, which of the following entities has the burden of protecting a consumer's privacy when his/her credit information is being reported? 
 
a) Credit repor...
![Federal Mortgage Law (MLO) Fall 2021/2024 Reloaded](/docpics/6429d03e92034_2545382.jpg)
-
Federal Mortgage Law (MLO) Fall 2021/2024 Reloaded
- Exam (elaborations) • 33 pages • 2023
-
- $13.49
- + learn more
The Dodd-Frank Act includes provisions that are intended to help struggling homeowners to obtain loan modifications by: - ANSWER-Requiring the CFPA to write servicing rules to facilitate loss mitigation efforts 
 
A lender is permitted to deny an applicant credit based on which of the following factors? - ANSWER-the applicant likes income stability 
 
this rule apply to commercial Communications used to Market mortgage loan products and services to Consumers - ANSWER-MAP Rule 
 
HOEPA would not ...
![Loan Officer – NMLS Questions and Answers Graded A+](/docpics/63b6b45461c9e_2224636.jpg)
-
Loan Officer – NMLS Questions and Answers Graded A+
- Exam (elaborations) • 45 pages • 2023
-
- $12.49
- + learn more
Loan Officer – NMLS Questions and Answers Graded A+ ECOA - REG B Equal Credit Opportunities Act 
If App for Cedit is Denied based on Appraisal, Borrower has 90 days to request a copy then Lender has 30 days to deliver 
HMDA - REG C Home Mortgage Disclosure Act 
Found in: 
Section 10 of 10-03 Loan App 
Government Monitoring Section 
Eliminates / Identifies Possible Discrimination 
RESPA - REG X Real Estate Settlement Procedures Act 
TIL/TILA - REG Z Truth in Lending Act (2015) 
Deals with: (Of ...
![Verkoop je kennis op stuvia](https://www.stuvia.com/hosted-imgs/app/stock-fotos/banner_seller_big.jpg)
Did you know that on average a seller on Stuvia earns $82 per month selling study resources? Hmm, hint, hint. Discover all about earning on Stuvia