NMLS EXA2021
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NMLS EXAM 2021 QUESTIONS AND ANSWERS 100% CORRECT
- Tentamen (uitwerkingen) • 17 pagina's • 2022
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- €9,84
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Fraud for money Laundering -Criminal uses scheme known as value tampering 
-Criminal offers to buy house at reduced rate 
-Seller must sell at appraised value on paper, but after closing, seller give the criminal the 
difference in cash. 
Adverse Action An unfavorable credit decision rendered against a consumer made on 
the basis of information contained on the credit application. If a lender takes adverse 
action against an applicant, the lender must notify the applicant in writing. If the adve...
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