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CPMA Certification Exam With 100% Correct Answers

NMLS QUESTION AND ANSWER 2023Qualified mortgages do not include risky features. What are they? Permanent There are four categories of Qualified Mortgages. The following is not included. No negative amortization, No interest only, no loan terms over 30 years and a limit on points and fees charged. The DTI limit for a general QM is: 43% The General QM requires that the qualifying rate for a borrower is based on the highest a rate can go within the first______ years of the ...

PTCB Exam Review Guide, Answered/Rationales 2022 According to the Institute for Safe Medication Practices (ISMP), abbreviations used during prescription writing: A. are no longer acceptable. B. improve entry time. C. are prone to errors. D. facilitate the prescriber. ans: The key (C) is correct because the Institute for Safe Medication Practices has a list of error-prone abbreviations that should never be used when communicating medical information because they are frequently misinterpret...

1. Which of the fol following lowing cannot be lawf lawfully ully exercised by a non-stock corporation? a. Pay dividend b. Elect trustees c. Amend the Articles of Incorporation d. Adopt by-laws 2. A b ond issue to pay-off prior floating in indebtedness debtedness of th the e corporation issuing it is called a. Convertible bond b. Equipment bond c. Collateral bond d. Funding bond 3. 4. 5. A bond secured by stocks or other bon bonds ds or both which are owned by the debtor, the securities being de...