Primary function of hud Study guides, Class notes & Summaries

NMLS Ethics Test Questions and Answers All C When ordering an appraisal, it is illegal to... - Answer-Request that the appraiser return a minimum or specific value. You Mortgage professionals are permitted to communicate their own or the borrower's opinion when order an appraisal; however, requesting a specific or minimum value is considered improper influence of an appraiser and is a serious ethical/legal violation. Borrower credit it - Answer-An amount paid by the lender to a third pa...

PSI NJ Real Estate Exam, PSI Practice Test, Complete Correct answers 2022. 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 in favor of the lender...

Which product of combustion acts as a chemical asphyxiant by excluding oxygen from the blood, leading to hypoxia of the brain and tissues? A) Carbon dioxide (CO2) B) Carbon monoxide (CO) C) Aerosolized fuel particles D) Hydrogen cyanide (HCN) - ANSWER-B Combustion can occur within a range of concentration of fuel vapor and air; this range is referred to as the: A) vapor pressure range. B) surface to mass range. C) flammable (explosive) range. D) oxidation (combustion) range. - ANSWER-...

Exam Question Master 1 T/F - Real estate professionals provide knowledge of market conditions - ANS True The product that real estate licensees market is - ANS Expert Information Real estate professionals provide expert information in three areas: - ANS Property transfer, market conditions, and how to market real estate and businesses. D.B.P.R (Department of Business and Professional Regulation) main office location - ANS - Located in Tallahassee, FL. DRE (Divisio...

USPAP 2020-2021 Exam 133 Questions with Answers Which board within The Appraisal Foundation has the authority to make revisions to USPAP? Board of Trustees (BOT) Appraisal Standards Board (ASB) Appraiser Qualifications Board (AQB) All boards within the Foundation have the authority to revise USPAP - CORRECT ANSWER Appraisal Standards Board (ASB) The three independent boards within The Appraisal Foundation include: Appraisal Standards Board, Appraisal Subcommittee, Federal Housing F...

Describe the three post-production workflow phases in Final Cut Pro. - Answer- Import: The ingest process of storing your story's source media files and organizing the clips that represent those source files. Edit: The creative process of assembling, trimming, and effecting clips to tell a story. Share: The export process of distributing your completed story to various platforms. What options are available when Final Cut Pro asks to update your projects and events to Final Cut Pro X 10.1 or ...

As the manager of the long-range planning division of a community in Maryland you have been asked to organize the citizen participation process for a comprehensive plan update. Which of the following would be most effective to kick off the process? a. Focus Groups b. Public Hearing c. Open House d. Town Hall Meeting - ANSWER-Town Hall Meeting - because you can get everyone together, kick something off and get the conversation started in a cohesive way. As a planner you have been workin...

Absolute Accuracy - ANSWER-The ability to determine present position in space independently, and is most often used by pilots. Absolute Altitude - ANSWER-The actual distance between an aircraft and the terrain over which it is flying. Absolute Pressure - ANSWER-Pressure measured from the reference of zero pressure, or a vacuum. Acceleration error - ANSWER-A magnetic compass error apparent when the aircraft accelerates while flying on an easterly or westerly heading, causing the compass ...

NMLS SAFE EXAM Questions with accurate answers, Graded A, 2022/2023. Document Content and Description Below NMLS SAFE EXAM Questions with accurate answers, Graded A, 2022/2023. Primary Mortgage Market - Where credit institutions originate loans C. The maximum the rate can increase over the lif e of the loan - When an ARM has rate caps of 5/2/6, the 6 refers to what? A. The maximum rate increase at the initial adjustment B. The start rate for the loan C. The maximum the rate can increase over t...

NMLS SAFE EXAM QUESTIONS AND ANSWERS ALREADY PASSED, Rated A Document Content and Description Below NMLS SAFE EXAM QUESTIONS AND ANSWERS ALREADY PASSED Primary Mortgage Market Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan When an ARM has rate caps of 5/2/6, the 6 refers to what? A. The maximum rate increase at the initial adjustment B. The start rate for the loan C. The maximum the rate can increase over the life of the loan D. The rat...