Mlo exam vocabulary Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Mlo exam vocabulary? On this page you'll find 3 study documents about Mlo exam vocabulary.
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MLO Exam - Vocabulary Question and answers 100% correct 2023/2024
- Exam (elaborations) • 12 pages • 2024
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MLO Exam - Vocabulary Question and answers 100% correct 2023/2024Primary market - correct answer Lenders make loans directly to Consumer 
 
Secondary market - correct answer Private investors and gov't agencies (FNMA, FALMC) buy and sell loans. 
 
Servicing - correct answer 1) collecting payments 2) liability 
 
Note - correct answer promise to pay money 
 
Safe Harbor - correct answer 8 part checklist, ATR, if lender verifies buyer's ability to repay and they default later, it is n
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MLO Exam - Vocabulary question n answers graded A+ 2023
- Exam (elaborations) • 12 pages • 2023
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MLO Exam - Vocabulary
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MLO Exam - Vocabulary question with 100% correct answers 2023
- Exam (elaborations) • 12 pages • 2023
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MLO Exam - Vocabulary
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