Dodd frank wall - Study guides, Class notes & Summaries

NMLS STUDY GUIDE QUESTIONS 2024. Acceleration Clause - correct answer Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) - correct answer Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - correct answer home valuation code of conduct Due on Demand Clause - correct answer (Considered a ...

Which law regulates the activities of consumer reporting agencies and users of consumer credit reports? - FCRA Which agency manages the National Do Not Call Registry? - Federal Trade Commission Which act led to the Nationwide Mortgage Licensing System and Registry for the residential mortgage industry? - The SAFE Act Under ECOA, providing different terms of financing for a potential borrower who has poor credit scores due to a recent bankruptcy is considered? - Acceptable Which law s...

ACCT 211-Liberty University EXAM 1Importance of Accounting - correct answer Identifying, Recording, Communicating Users of Financial Information - correct answer 1. Internal 2. External Internal Users - correct answer Internal users of accounting information ARE directly involved in managing and operating an organization. External Users - correct answer External users of accounting information are NOT directly involved in running the organization 3 Parts of the Fraud Triangle - corr...

NMLS Exam Study Guide Questions and Answers Nonrecourse Agreement - Answer-Loan agreement under which the collateral securing a loan is the unltimate source of repayment, and the lender cannot hold the borrower personably liable in the event of default. Lender can seize (and sell) the collateral but cannot seize non-pledged asset or property. ReConveyance - Answer-Method in which a lein is removed from a property when payment is made in full. Dodd-Frank Wall Street Reform and Consumer P...

ACCT 211-Liberty University EXAM 1 with verified answersImportance of Accounting - correct answer Identifying, Recording, Communicating Users of Financial Information - correct answer 1. Internal 2. External Internal Users - correct answer Internal users of accounting information ARE directly involved in managing and operating an organization. External Users - correct answer External users of accounting information are NOT directly involved in running the organization 3 Parts of the...

A bond differs from a term loan in that a bond _. - ️️Has a higher issuance cost A company's attitude and conduct toward its employees, customers, community, and stockholders is referred to as - ️️business ethics. A contract that is negotiated directly between a borrowing firm and a bank and under which the borrower agrees to make a series of interest and principal payments to the bank on specific dates is called _. - ️️Term Loan A firm's effective capital budgeting procedure...

HRCI: SPHR/PHR Exam Questions & Answers 2023/2024 Davis-Bacon Act - ANSWER-Requires contractors using federal funds to pay wages and fringe equal to or greater than the local market wage What is the HR Significance of the Davis-Bacon Act? - ANSWER-Applies if receiving federal funds for work or projects Walsh-Healey Act - ANSWER-Establishes the time-and-a-half overtime rule for hours in excess of 40 in a week for nonexempt employees What is the HR Significance of the Walsh-Healey Ac...

A ______ value of the dollar means the dollar is trading for more foreign currency which leads to less expensive foreign goods. - ️️high A ____________ requires a board of directors and a corporate structure. - ️️Corporation A company focusing on the key activities it is best at and outsourcing the rest is described in the lecture as a: - ️️value chain A(n) _______ is a tax levied on imports. - ️️tariff According to the Global Entrepreneurship Monitor (GEM) 2016 U.S Report, t...

WGU C206 Ethical Leadership Test 2 || With Complete Questions & Solutions (Graded A+) WGU C206 Ethical Leadership Test 2 || With Complete Questions & Solutions (Graded A+) When a statement is "off the record" this means: - ANSWER - A reporter can use the information you provided in astory as long as the remarks are not attributed to you directly. Kathleen Reardon encourages us to think about courage as "calculated risk taking" She recommends that you: - ANSWER - Askyourself about your...

Which law regulates the activities of consumer reporting agencies and users of consumer credit reports? - Answer-FCRA Which agency manages the National Do Not Call Registry? - Answer-Federal Trade Commission Which act led to the Nationwide Mortgage Licensing System and Registry for the residential mortgage industry? - Answer-The SAFE Act Under ECOA, providing different terms of financing for a potential borrower who has poor credit scores due to a recent bankruptcy is considered? - Answ...