Ftc fine amount - Study guides, Class notes & Summaries

MLO SAFE NMLS safe test practice questions with accurate answers, 100% Accurate. 2022/2023 Document Content and Description Below MLO SAFE NMLS safe test practice questions with accurate answers, 100% Accurate. 2022/2023 Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, f requent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. - Predatory Lending. RESPA-Real Estate Settlement Proce...

NMLS Practice Test Hard Questions {Answered Correctly 2022} A discount point is BEST described as a charge the borrower pays to: A.) A lender to decrease the interest rate on the mortgage loan B.) A mortgage broker at the time of application to obtain a favorable rate C.) The seller as part of the closing costs of a loan D.) A lender to ensure against foreclosure A buyer has made an earnest money payment of $5,000. The buyer pays an additional $2,000 in option money to be credited a...

Health Online- Nutrition and Physical Activity Test: 22/23. Which nutrition patterns are common in the United States? Check all that apply. Most Americans consume more than the recommended daily amount of sugar. On average, Americans spend less than $1,000 a year on fast food. Americans eat about 20 percent of their meals in a car. Poor nutrition contributes to the rising cost of medical care in the United States. Physically active college graduates consume more sugar than the average Am...

CNPR NAPSR Exam Margin of safety - ANS the difference between the usual effective dose and the dose that induces severe or life threatening side effects Rights of drug administration - ANS right patient, right medication, right does, right route of administration, and right time of delivery Injection routes - ANS intramuscular, intrathecal, intravenous, subcutaneous intramuscular - ANS drugs given by direct injection into muscle tissue intrathecal - ANS needle is in...

Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. - ANSWER-Predatory Lending. RESPA-Real Estate Settlement Procedures Act - ANSWER-The Federal Statute that deals with the settlement of residential mortgage loans. RESPA's section 9 Prohibits - ANSWER-Home sellers from requiring home buyers to purchase title insurance from...

INSURANCE EXAM 1: Property and Casualty Questions and Answers 2023 Already Passed 100% Which of the following are the authorities that an agent can hold? *ANS* Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? *ANS* Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? *ANS* Temporary worker The major portion of the premium of an equipment breakdown policy ...

Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? - Answers a. 180 b. 30 c.45 d.60 a. He has 45 days to identify a property he would like to purchase and 180 days to close on it, from time of sale. In which form of co-ownership is a person's ownership inheritable? - Answers a. Joint tenancy b. Tenancy by the e...

When ordering an appraisal, it is illegal to... - ANSWER-Request that the appraiser return a minimum or specific value. Mortgage professionals are permitted to communicate their own or the borrower's opinion when ordering an appraisal; however, requesting a specific or minimum value is considered improper influence of an appraiser and is a serious ethical and legal violation. Borrower credit is... - ANSWER-An amount paid by the lender to borrower for locking an interest rate at a rate higher...

Reg B - ANSWER ECOA Reg C - ANSWER HMDA Reg G - ANSWER SAFE - registered Reg H - ANSWER SAFE - licensed Reg N - ANSWER MAP Rule Reg P - ANSWER GLB Act Reg V - ANSWER FCRA Reg X - ANSWER RESPA Reg Z - ANSWER TILA LE - ANSWER Requires business days to include all days open Does count for business days for CD include Saturdays? - ANSWER No - requires business days to include all but Sun/Holidays Elements of a Completed Application - ANSWER Name Address Subject pro...

Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. Predatory Lending. RESPA-Real Estate Settlement Procedures Act The Federal Statute that deals with the settlement of residential mortgage loans. RESPA's section 9 Prohibits Home sellers from requiring home buyers to purchase title insurance from a particular co...