Mlo exam vocabulary Study guides, Class notes & Summaries

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MLO Exam - Vocabulary Question and answers 100% correct 2023/2024
  • 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
  • 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
  • MLO Exam - Vocabulary question with 100% correct answers 2023

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