Types of mortgage fraud Study guides, Class notes & Summaries
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers.
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. 
 
If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? 
A. 27,000 
B. 37,000 
C. 54,000 
D. 74,000 
An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): 
A. Agreement for d...
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New York Adjuster Exam 2024
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New York Adjuster Exam 2024 
The insured has moved into a dwelling that was being build and was covered by the "Dwelling 
Under Construction" endorsement. How long does the insured have to report his / her occupancy 
to the insurance company? - Answer ️️ -30 days 
When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may 
cancel it for any reason by providing a ______ notice. - Answer ️️ -30 day 
Personal property that is covered under the Personal Pro...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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RECA Fundamentals Exam 2023 Questions with Verified Answers
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Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) 
 
Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature 
 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) 
 
Which of the following will occur to the supply of a good when there is a change in quantity...
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HUD Certification Exam with complete solution 2023
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HUD Certification Exam with complete solution 2023Deed Restrictions 
Legally enforceable terms that govern the use of real estate 
 
 
 
Redlining 
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 status of the area's residents. 
 
 
 
Civil Rights Act of 1968 
Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental...
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Michigan Residential Builder's License Test With Correct Solution
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What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year 
 
What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years 
 
On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address 
 
What is the cost of the indi...
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HUD EXAM PREP| 120 QUESTIONS| WITH COMPLETE SOLUTIONS
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Types of Credit Used Correct Answer: Student loan or credit cards only 
 
FAKO scores Correct Answer: purchase score which are educational score 
 
Fair Credit Reporting Act FCRA Correct Answer: what is in file/dispute/remove 30 days/remove bad 7 yrs/bk 10 yrs/access limited/damages from violators/state rights 
 
Fair and Accurate Credit Transactions Act FACTA Correct Answer: free cbrs/fraud alert/truncate cc #s 
 
Fair Credit Billing Act (FCBA) Correct Answer: dispute bill error/mail 60 da...
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HUD Certification Exam Questions and Answers Already Passed
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HUD Certification Exam Questions and Answers Already Passed Deed Restrictions Legally enforceable terms that govern the use of real estate 
Redlining 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 status of the area's residents. 
Civil Rights Act of 1968 Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental piec...
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wcc exam 3 || with 100% Error-free Answers.
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2 general forms of wcc in the housing system correct answers 1. mortgage frauds 
-defined as the intentional misstatement of information which is relied on by a lender or underwriter to provide funding to purchase or to insure a mortgage loan 
 
2. rental/landlord fraud 
-landlord failure to provide rental properties that are safe, inhabitable, and up to code (slumlords) 
 
mortgage fraud enforcement: 
-which unit of the FBI is charged with investigating schemes and frauds perpetrated agains...
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The US Banking System 3rd Edition by Center for Financial Training - Test Bank
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Name Clas Dat : s: e: 
CHAPTER 01—THE BUSINESS OF BANKING 
 1. A bank is a not-for-profit organization. a. 
b. 
True False 
False 
1 
BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 
ANSWER: 
POINTS: 
LEARNING OBJECTIVES: 
2. All federally chartered banks must be corporations. 
a. True 
ANSWER: 
POINTS: 
LEARNING OBJECTIVES: 
b. False True 
1 
BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 
3. Commercial banks offer their services only to businesses. 
ANSWER: 
POINTS: 
LEARNING OBJECTIVES: 
5. Issuing credit cards is ...
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