Respa disclosures - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Respa disclosures? On this page you'll find 382 study documents about Respa disclosures.
Page 4 out of 382 results
Sort by
-
Post Licensing 301 NC Study Questions | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
-
- $7.99
- + learn more
When must a seller's agent or subagent initially disclose agency status to a buyer? - before buyer and 
buyer's agent discuss motivation and financial information 
In dual agency, the agent's duties are _____ to being a facilitator - reduced 
What statement would require full disclosure of all financing terms in compliance with TILA, Reg Z and 
RESPA - any number amount triggers full disclosure: 
4.5% APR or $2000 down 
A _____foreclosure is material fact and it must be______. - filed foreclo...
-
Loan Originator Exam (Possible Questions with 100% Correct Answers)
- Exam (elaborations) • 31 pages • 2023
- Available in package deal
-
- $13.39
- + learn more
Section 32 of TILA correct answers Deals with consumer protection triggered by high cost loan scenarios. Deals with added provisions and protections that are required if a loan trips one of two thresholds, or both. 
1) Points of fee thresholds 
2) APR thresholds 
 
Section 10 of RESPA correct answers 1) Includes provisions so that the borrower is informed about the amounts taken for an escrow account and also protects the borrower from being overcharged by requiring an escrow amount analysis 
...
-
Federal Mortgage Related Laws questions with correct answers
- Exam (elaborations) • 11 pages • 2023
- Available in package deal
-
- $13.49
- + learn more
what is RESPA Answer Real Estate Settlement Procedures Act; provides consumer protection for loans on residential properties (1-4 units) 
 
RESPA: Regulation ? Answer X; primarily involved with the disclosure of closing costs and the prevention of kickbacks, which may raise the amount of closing costs to the consumer 
 
RESPA = 4 pre settlement disclosures Answer ***sent 3 business days after borrower signs loan application** 
1. Special info booklet; 
2. Good Faith Estimate aka GFE of settleme...
-
SOUTH CAROLINA EXAM REVIEW QUESTIONS AND ANSWERS, GRADE| LATEST EXAM UPDATES| 2024/25 |D A+
- Exam (elaborations) • 13 pages • 2024
-
- $9.49
- + learn more
SOUTH CAROLINA EXAM REVIEW QUESTIONS AND 
ANSWERS, GRADED A+ 
What are licensee not allowed to do - -misrepresent or conceal material facts or makes promises 
likely to influence, persuade or induce an applicant for a mortgage 
False Issue Loan Satisfaction - -Improper refusal or failure to issue a satisfaction of a mortgage 
Failure to practice due dilligence - -the act requiring licensees o use due diligence and make 
reasonable efforts in procuring a loan 
Failing to account funds - -faili...
-
Real Estate State Exam for Ohio Questions & Answers!!!
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
Fiscal Policy - ANSWER Treasury Department 
 
Monetary Policy - ANSWER Federal Reserve Bond 
 
Truth In Lending Act - ANSWER To provide standard disclosure procedures that all lenders must follow. Required so consumers will know exactly what they are paying for credit so they can compare 
 
Annual Percentage Rate (APR) - ANSWER The relationship between the cost of borrowing money and the total amount financed, represented by a percentage 
 
Usury Lending Law - ANSWER Charging an interest rate th...
As you read this, a fellow student has made another $4.70
-
NMLS Exam (100% Errorless Answers)
- Exam (elaborations) • 127 pages • 2023
- Available in package deal
-
- $17.49
- + learn more
3 correct answers Most RESPA disclosures must be sent within ___ days from application 
 
Initial Escrow Statement correct answers What document is typically delivered at settlement, yet a lender has 45 days from settlement to deliver it? 
 
X correct answers RESPA is also known as Regulation ___ 
 
1. Loan Terms 
2. Projected Payments 
3. Costs at Closing correct answers List the 3 main sections on page 1 of the Loan Estimate 
 
15 correct answers The Notice of Transfer of Servicing Rights is...
-
Fair Housing DC Latest Update Graded A+
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
-
- $9.99
- + learn more
Fair Housing DC Latest Update 
 
Graded A+ 
 
Additional Penalties for Real Estate Licensees revoked, suspended, denied, or otherwise 
restricted. 
 
Civil Rights Act of 1866 Gave civil rights to newly freed slave 
 
Separate but Equal 1896 Decision made by congress to Plessy vs Ferguson 
 
Civil Rights Act of 1964 outlawed discrimination based on race, color, religion, sex, or 
national origin 
 
7 protected classes race, color, religion, national origin, sex, familial status, handicap 
 
FHEO ...
-
Ohio real Estate State Questions And Correct Answers |100% Verified |Guaranteed Success
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $7.99
- + learn more
Fiscal Policy - Treasury Department 
Monetary Policy - Federal Reserve Bond 
Truth In Lending Act - To provide standard disclosure procedures that all lenders must follow. 
Required so consumers will know exactly what they are paying for credit so they can compare 
Annual Percentage Rate (APR) - The relationship between the cost of borrowing money and the 
total amount financed, represented by a percentage 
Usury Lending Law - Charging an interest rate that exceeds the legal limit (set by state)...
-
NMLS PRACTICE TEST EXAM PROFIENCY HARD QUESTIONS 2022- 2024 / NATIONWIDE MORTGAGE LICENSING SYSTEM PRACTICE TEST HARD QUESTIONS WITH CORRECT ANSWERS|53% AND ABOVE PASSRATE GUARANTEE
- Exam (elaborations) • 79 pages • 2024
-
- $17.99
- + learn more
NMLS PRACTICE TEST EXAM PROFIENCY HARD QUESTIONS 2022- 
2024 / NATIONWIDE MORTGAGE LICENSING SYSTEM PRACTICE 
TEST HARD QUESTIONS WITH CORRECT ANSWERS|53% AND 
ABOVE PASSRATE GUARANTEE 
MUST NOT MISS 
 FEDERAL MORTGAGE RELATED LAW 
 UNIFORM STATE CONTENT 
 GENERAL MORTGAGE LAW 
 MORTGAGE LOAN ORIGINATION 
 ETHICS 
An annual escrow analysis is used to do which of the following? 
A. Ensure the loan is properly amortized 
B. Prevent escrow overages 
C. Reduce burden on the servi...
-
RESPA Exam Review Questions and answers, rated A+ / 2024-25 Exam board exam predictions. APPROVED/
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
-
- $8.99
- + learn more
RESPA Exam Review Questions and 
answers, rated A+ 
What is RESPA? - -Law protecting consumers from abuses during the residential real estate 
purchase and loan process by requiring lenders to disclose all settlement costs, practices, and 
relationships 
RESPA is overseen (regulated) by - -CFPB 
What is the purpose of RESPA? - -1. Ensures that consumers receive information on pre-arranged 
business agreements, costs of closing a mortgage loan and be protected from excessive settlement costs ...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia