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NMLS TEST FINAL EXAM 2 VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE ACCURATE EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS $0.00
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NMLS TEST FINAL EXAM 2 VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE ACCURATE EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS
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NMLS TEST FINAL EXAM 2 VERSIONS (VERSION A AND B) ACTUAL EXAM COMPLETE ACCURATE EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS

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  • 28 de noviembre de 2024
  • 14
  • 2024/2025
  • Examen
  • Preguntas y respuestas

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  • nmls test final exam 2 versions version a and b

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  • NMLS
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NMLS TEST FINAL EXAM 2 VERSIONS (VERSION
A AND B) 2024-2025 ACTUAL EXAM COMPLETE
ACCURATE EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS


Practice questions for this set


Learn 2 /7 Study with Learn




$2,925: $1,350 x 26 weeks divided by 12 months gives monthly average



Give this one a try later!




When are escrow accounts
A borrower earns $1,350 biweekly
reviewed and what amount of
income before taxes, what is his 2
overage could cause a refund to the
gross monthly income?
borrower?




At what point in a conventional will
3 4 What does GNMA stand for?
the PMI be removed?



Don't know?

, Terms in this set (310)


How long should you 25 months
keep mortgage loan
records under ECOA?

How long is the Do Not When the number is disconnected, reassigned, or
Call Registry good? when the consumer chooses to remove it

How many months 2 months cushion
cushion are allowed under
the escrow account rules?

When are escrow Renewed annually and if the account has more than
accounts reviewed and $50 in overage it will be refunded
what amount of overage
could cause a refund to
the borrower?

What properties are Single, 1-4 family dwellings, condos, and
covered under RESPA? manufactured homes placed on a lot

RESPA imposes restriction Amount collected for escrow accounts
on ___________?

When advertising, the APR A rate is quoted or present
must be present when
__________?

Limit amounts in escrow, eliminate kickbacks , and
RESPA was put in place
educate the borrowers on the closing cost, it does
to?
NOT regulate interest rates

According to RESPA $10,000 and/or 1 year prison terms for each incident
guidelines, failure to
comply with Section 8
could result in a penalty
of?

Redlining is best defined Failing to end to certain geographic areas
as:

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