Nmls final exam prep 2024 - Study guides, Class notes & Summaries
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NMLS Final Exam Prep 2024.
- Exam (elaborations) • 4 pages • 2024
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NMLS Final Exam Prep 2024. While reviewing a Closing Disclosure during an internal audit, the compliance department of Oops Mortgage Company notices that the aggregate costs for services the borrower could shop for increased by 4.077% more than the allowed aggregate 10% tolerance above the charges disclosed in the Loan Estimate. How many days after closing does Oops have to issue a tolerance cure to the borrower? - correct answer 60 days. Any tolerance violation must be refunded within 60 days ...
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