Fcra and fact act - Study guides, Class notes & Summaries

AYPO - Oregon Real Estate Broker License Education Review What is a tax allocation district? - ANS A district where property is charged a higher property tax in order to build infrastructure for that area Which of the following is a factor that affects accessibility? a. Continuity Incorrect b. Mobility substitutes c. Air superiority d. Matriculation - ANS Mobility substitutes Predatory loans often have fees that cost more than... - ANS 5% of the total ...

Fraud Examination Ch. 9 - Conversion Investigation Methods (Albrecht) Exam Questions and Complete Solutions what is true about most fraud perpetrators? - Ans: although most of them begin their thefts because of a perceived need, they almost always continue to embezzle after their immediate need is met why are frauds, like kickback schemes, very difficult to investigate? - Ans: because they generate little or unclear records directly. these frauds are most easily detected and investigated b...

NMLS Laws and Regulations Latest Updated 2022 Rated A CFPB Consumer Financial Protection Bureau What does the CFPB do? Regulates RESPA, TILA, ECOA, and HMDA FTC Federal Trade Commission What does the FTC do? Monitors Red Flag Rules RESPA Real Estate Settlement Procedures Act What does RESPA do? •Protects homeowners of Single, 1-4 family dwellings, condos, & homes manufactured on lot. •Educates borrowers costs of loan • Eliminates kickbacks and referral fees (section 8) • Establishes...

NMLS Flashcards 2022, Questions with accurate answers, Graded A+ Document Content and Description Below NMLS Flashcards 2022, Questions with accurate answers, Graded A+ -AfBA/ABA stands for? -What is it? - -Affiliated Business Arrangement -If referring client to another business of yours (1 %) then you must disclose ASAP Other ways to say "Doc Signing" - -Loan consummation -Loan Settlement -Loan Closing What is an escrow account? - -account holding money for insurance/taxes -AKA "impound ac...

EMPLOYMENT LAW C233: FINAL SAMPLE TEST QUESTIONS WITH ANSWERS Under respondent superior doctrine, an employer is only responsible for the employee action performed within the: Reasonable person standard Duration of employment Realm of reasonable actions Scope of employment *** Scope of Employment Which of the following is not an element of a prima facie discrimination case for gender discrimination? The employee is qualified for the position The employee suffers some advers...

SHRM CP EXAM 398 Questions with Verified Answers Career Planning - CORRECT ANSWER Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - CORRECT ANSWER Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - CORRECT ANSWER People who learn best by relying on their sense of hearing. Andragogy - CORRECT ANSWER Study of how adults learn. Cost-of-liv...

Texas Property & Casualty License Exam 2021 Questions and Answers Verified (A+ Score) Property vs Casualty: What is considered property? - Structure & Personal Property Property vs Casualty: What is considered casualty? - Non-property losses. Legal liability to others. 3rd Party. Casualty insurance means that the policy includes liability (accountability or responsibility) coverages to help protect you if you're found legally responsible for an accident that causes injuries to another p...

Chapter 1: Property vs Casualty: What is considered property? - Answer Structure & Personal Property Property vs Casualty: What is considered casualty? - Answer Non-property losses. Legal liability to others. 3rd Party. Casualty insurance means that the policy includes liability (accountability or responsibility) coverages to help protect you if you're found legally responsible for an accident that causes injuries to another person or damage another persons belongings. Property and casual...

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...

NMLS Laws and Regulations Latest Updated 2022 Rated A CFPB Consumer Financial Protection Bureau What does the CFPB do? Regulates RESPA, TILA, ECOA, and HMDA FTC Federal Trade Commission What does the FTC do? Monitors Red Flag Rules RESPA Real Estate Settlement Procedures Act What does RESPA do? •Protects homeowners of Single, 1-4 family dwellings, condos, & homes manufactured on lot. •Educates borrowers costs of loan • Eliminates kickbacks and referral fees (section 8) • Establishes...