Fcra guidelines - Study guides, Class notes & Summaries

Florida General Lines Agent Exam questions and answers 2023/2024 solved 100% correct Answers are highlighted in red What is the definition of a risk that is insurable? a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no possibility of a gain b.A chance of a loss or gain c.A risk where there is a possibility of a gain d.A chance for insurance coverage Answer a What is an insurance policy? a.A binder that offers initial in...

Which of the following inquiries is considered lawful when asked for the purposes of credit approval as governed by ECOA? A. Years on the job B. Race C. Marital status D. Age The answer is: A. years on the job. ECOA protects against discrimination in credit transactions. Asking how many years someone has been at their job is not considered discriminatory. It is a gauge of income stability. The first step in the closing process is: A. Rescission B. Funding C. Application D. Steeri...

SHRM CP EXAM 398 Questions with Verified Answers Career Planning - CORRECT ANSWER Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - CORRECT ANSWER Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - CORRECT ANSWER People who learn best by relying on their sense of hearing. Andragogy - CORRECT ANSWER Study of how adults learn. Cost-of-liv...

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...

SHRM-CP Workplace Questions and Answers 2023, Graded A+ Globalization The integration of markets, nation-states and technologies to a degree never witnessed before. It is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before. Global remittances Money is sent back home by migrants working in foreign countries Reverse innovation Innovations created for or by emerging - economy markets and then imported ...

ADA (U.S. examinees only) Americans with Disabilities Act ADAAA (U.S. examinees only) Americans with Disabilities Act Amendments Act ADDIE Analysis, design, development, implementation, evaluation model; a five-step instructional design framework that guides the design and development of learning programs. ADEA (U.S. examinees only) Age Discrimination in Employment Act ADR Alternative dispute resolution; an umbrella term for the various approaches and techniques ...

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...

EMPLOYMENT LAW C233: FINAL SAMPLE TEST QUESTIONS WITH ANSWERS Under respondent superior doctrine, an employer is only responsible for the employee action performed within the: Reasonable person standard Duration of employment Realm of reasonable actions Scope of employment *** Scope of Employment Which of the following is not an element of a prima facie discrimination case for gender discrimination? The employee is qualified for the position The employee suffers some advers...

Which federal law requires that the Loan Estimate be provided to the borrower within three business days of the time of loan application is taken? - ANSWER-TILA What type of scam entails homeowners who are encouraged to refinance their property over and over until little or no equity remains? - ANSWER-Loan flipping or churning After a loan closing, funds are disbursed. When are the funds disbursed for an owner-occupied, residential refinance? - ANSWER-After 3 business-day rescission period...

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...