Hud use - Study guides, Class notes & Summaries

GCP of Devices Questions and Answers 100% correct 510(k) Clearance A 510(k) clearance or premarket notification [(510(k)] submission is a route the FDA uses to approve a medical device. If the FDA agrees the new device is substantially equivalent to a legally marketed device for which a premarket approval (PMA) is not required, the manufacturer may market it immediately. Humanitarian Device Exemption (HDE) Holder The HDE Holder is the entity that obtains the approval of a HDE from the ...

A Counseling Agency's failure to follow all basic requirements required by HUD could result in which of the following: A. Termination of agency's HUD approval B. Suspension of agency's HUD approval C. Forfeiture of remaining federal grant funds D. Fines and or imprisonment E. a , b , and c F. all of the above - Answer-E. Termination of agency's HUD approval Suspension of agency's HUD approval Forfeiture of remaining federal grant funds T/F A counseling agency must offer and provi...

HECM Test Exam Questions And Revised Correct Answers 2024 A borrower got her HECM loan many years ago when the lending limit for her county was $600,000. Her home is appraised for $800,000. What is the most her repayment of the loan could be? A. $600,000 B. $800,000 C. 75% of appraised value D. Net proceeds from selling the home - ANSWERS D A borrower has a $200,000 home value. What is the likely upfront cost added to the loan balance at closing? (Revisit. Where is the formula?) A...

"Testing Combinations" are defined as a combination of which of the three following elements? - Room equivalent, component type and substrate 1 ppm = ? mg/kg (milligram/kilogram) - 1 1 μg/g (microgram/gram) = ? ppm - 1 1% = ? ppm - 10,000 ppm 1% equals __ ppm - 10,000 ppm A clearance inspection shall be conducted by? In accordance with? - Certified Lead Inspector/Assessor or Lead Project Monitor; Chapter 15 of HUD. A composite sample can contain up to four wipes from four different lo...

GCP Of Devices Questions And Answers 2024. 510(k) Clearance - CORRECT ANSWER A 510(k) clearance or premarket notification [(510(k)] submission is a route the FDA uses to approve a medical device. If the FDA agrees the new device is substantially equivalent to a legally marketed device for which a premarket approval (PMA) is not required, the manufacturer may market it immediately. Humanitarian Device Exemption (HDE) Holder - CORRECT ANSWER The HDE Holder is the entity that obtains the ap...

HECM Test 100% Solved 2024 A Counseling Agency's failure to follow all basic requirements required by HUD could result in which of the following: A. Termination of agency's HUD approval B. Suspension of agency's HUD approval C. Forfeiture of remaining federal grant funds D. Fines and or imprisonment E. a , b , and c F. all of the above - Answer- E. Termination of agency's HUD approval Suspension of agency's HUD approval Forfeiture of remaining federal grant funds T/F A counselin...

HUD Certification Exam 2024 Questions and Answers (Graded A) HUD Certification Exam 2024 Questions and Answers (Graded A) HUD Certification Exam 2024 Questions and Answers (Graded A) Deed Restrictions - ANSWER-Legally enforceable terms that govern the use of real estate Redlining - ANSWER-The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial ...

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

HECM Test Exam Questions And Revised Correct Answers updated A Counseling Agency's failure to follow all basic requirements required by HUD could result in which of the following: A. Termination of agency's HUD approval B. Suspension of agency's HUD approval C. Forfeiture of remaining federal grant funds D. Fines and or imprisonment E. a , b , and c F. all of the above - ANSWERS E. Termination of agency's HUD approval Suspension of agency's HUD approval Forfeiture of remaining ...

EPA Lead Inspector Exam Questions and Answers 2024/2025 (Solved 100%) Permanent abatement options include... - ANSWER-Paint removal, component removal, enclosure, encapsulation What agencies focus on childhood lead poisoning prevention? - ANSWER-CDPH, HUD, EPA What is the CAL OSHA Standard for lead? - ANSWER-Title 8 CCR 1532.1 What is the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing? - ANSWER-1995 HUD Guidelines When was the revision to Chapter 7 of the...