Lifting clause - Study guides, Class notes & Summaries

origination - ANSWERSprocess of creating a new mortgage loan funding - ANSWERSThe process of transferring funds to a title or escrow company for disbursement underwriting - ANSWERSprocess of evaluating a borrowers loan application to determine the risk involved for the lender servicing - ANSWERSsending monthly payment statements and collecting monthly payments, maintaining payment records and following up on delinquencies processing - ANSWERScollecting info about a borrower in order ...

Origination - ANSWERThe process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower Credit reports will be ordered, in most cases from all three major national credit reporting agencies: - ANSWERExperian, Equifax, and TransUnion Not all creditors will report to all three, they will - ANSWEREach reporting agency will report a different credit score for the borrower Underwriting - ANSWERThe detailed process of evaluating a borrower's l...

1 AIC EXAM #2 | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ What is the name of the law principle for referring the Contractor to other documents that are not contained in the package provided? Correct Answer: Incorporated by Reference. Which document issued by the Architect illustrates what is to be built? Correct Answer: Plans Which document describes quality of work and the quality of the materials and the construction execution procedures? Correct Answer: Techn...

AS GERMAN 7661/1 Paper 1 Listening, Reading and Writing Mark scheme June 2020 Version: 1.0 Final *206A7661/1/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates participate in and is the scheme which was used by them in this examination. The standardisation process e...

Discuss OSHA and how it operates - ANSWER-OSHA's basic purpose is to administer the act and to set and enforce the safe and health standards that apply to almost all workers in the US. OSHA operates under the "general duty clause," that each employer: "shall furnish to each of his employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees." To carry out this mission, OSHA is...

OSHA 500 EXAM LATEST UPDATE 2023 / 2024 ACTUAL EXAM QUESTIONS AND ANSWERS GRADED A+ The maximum amount of time an Authorized Outreach Trainer can teach in one day is: - ANSWERS-7 1/2 hours The 10-hour Construction Industry Outreach Training Program contains mandatory topic requirements which include "Introduction to OSHA" , "Personal Protective and Lifesaving Equipment " , "_______________________" and "Health Hazards in Construction." - ANSWERS-Focus Four Hazards (Falls, Electr...

Real Estate Finance Champions 2024 Final Test With Verified Answers Origination - CORRECT ANSWER-The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower Credit reports will be ordered, in most cases from all three major national credit reporting agencies: - CORRECT ANSWER-Experian, Equifax, and TransUnion Not all creditors will report to all three, they will - CORRECT ANSWER-Each reporting agency will report a different cred...

ILTS 305 (ELEMENTARY EDUCATION 1-6) QUESTIONS WITH CORRECT ANSWERS LATEST | GRADED. What is the Suzuki method? - ANSWER- The Suzuki method empathizes memorization and repeatedly playing the same music. It is based in the theory that kids learn to speak before they can read. What tool is most appropriate for a 4th grade music teacher to assess students playing ability? - ANSWER- Providing students with self assessment scoring rubric. What factors should a 4th grade teacher take into account...

Which of the following documents is utilized for correspondence between the A/E or Owner and the Contractor? - ANSWER-Formal Business Letter Which of the following documents is used for correspondence between the home office and the job site? - ANSWER-Memorandum What is the best time to distribute the Working Agenda to the Participants? - ANSWER-About one day prior to the meeting Which document describes the Suggested Agenda for the Preconstruction Meeting? - ANSWER-General Requiremen...

1 AIC EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ In addition to the title of the meeting, the date, time and location it occurred, what are the other important items to include in a meeting minutes? Correct Answer: List of attendees and who needs to receive a copy of the minutes. Clear and unbiased summary of the major points, discussions, and decisions made. Action items with responsibility and due dates. Which of the following documents is used by a Contra...