HUD CERTIFICATION ALL COMPREHENSIVE
ANSWERS AND QUESTIONS SURE A+
✔✔Dual Tracking - ✔✔The process that occurs when the servicer moves forward with
foreclosure while simultaneously working with the borrower to avoid foreclosure.
✔✔Servicemembers Civil Relief Act - ✔✔An act that protects military personnel and
their dependents in issues related to housing, including certain protections against
default judgement, foreclosure and eviction
✔✔Issuance of New Mortgage Rules - ✔✔To make it easier for borrowers to
understand loan terms, to require homeownership counseling for some mortgages, and
to expand protections
✔✔Hardest hit Fund - ✔✔To enable 18 states and the District of Columbia to develop
locally tailored programs to assist struggling homeowners in their community
✔✔CFPB - ✔✔To create a federal agency charged with addressing failures of
consumer protections
✔✔Making Home Affordable - ✔✔To help homeowners avoid foreclosure, stabilize the
housing market, and improve the economy
✔✔National Mortgage Settlement - ✔✔To penalize five financial institutions for
deceptive lending and foreclosure practices
✔✔ Deed Restrictions - ✔✔Legally enforceable terms that govern the use of real estate
✔✔Redlining - ✔✔The practice of refusing to make residential loans or imposing more
onerous terms on any loans made because of the predominant race, color, national
origin, religion, sex, disability, or familial status of the area's residents.
✔✔Civil Rights Act of 1968 - ✔✔Following the assassination of Dr. Martin Luther King
Jr., Congress passed what monumental piece of legislation, which prohibits
, discrimination in housing sales, rentals, and financing based on race, color, national
origin, religion, sex, disability and familial status?
✔✔7 - ✔✔The Fair Housing Act, as amended, protects how many characteristics?
✔✔Reasonable Modification - ✔✔A property manager of an apartment complex that
receives federal financial assistance installs a ramp so that a tenant in a wheelchair can
easily access her first-floor apartment.
✔✔Reasonable Accommodation - ✔✔Housing provider has a policy of requiring tenants
to come to the rental office to pay their rent. A tenant with a mental disability, who is
afraid to leave her unit, is allowed to mail her rent payment.
✔✔True - ✔✔The Fair Housing Act does not prohibit a lender from showing potential
clients information about different loans.
✔✔Fair Housing Assistance Program (FHAP) - ✔✔Provides annual funding to state and
local agencies that enforce fair housing laws that are substantially equivalent to the Fair
Housing Act. These funds go towards an agency's capacity building, administrative
costs, investigative and enforcement efforts, training and other projects designed to
support enforcement of fair housing law.
✔✔Fair Housing Initiatives Program (FHIP) - ✔✔Provides funding to fair housing
organizations and nonprofits that assist people who may have been victims of housing
discrimination.
✔✔Marketing Analysis - ✔✔Aim is to identify groups of people who would benefit most if
targeted by the campaign, the characteristics of these people, and their expectations.
✔✔Networking Event - ✔✔The opportunity to increase awareness of the plans and
actions of housing industry members, private organizations and foundations, public
housing agencies, neighborhood groups, regional organizations, and others to further
fair housing objectives.
✔✔Personal Information - ✔✔The section of the credit report that contains employer
details.
✔✔Account Information - ✔✔The section of a credit report that contains information
about a student loan.
✔✔Public Records - ✔✔The section of the credit report that contains court information
such as a bankruptcy.
✔✔Inquiries - ✔✔The section of the credit report that will show recent attempts to open
a credit card.
ANSWERS AND QUESTIONS SURE A+
✔✔Dual Tracking - ✔✔The process that occurs when the servicer moves forward with
foreclosure while simultaneously working with the borrower to avoid foreclosure.
✔✔Servicemembers Civil Relief Act - ✔✔An act that protects military personnel and
their dependents in issues related to housing, including certain protections against
default judgement, foreclosure and eviction
✔✔Issuance of New Mortgage Rules - ✔✔To make it easier for borrowers to
understand loan terms, to require homeownership counseling for some mortgages, and
to expand protections
✔✔Hardest hit Fund - ✔✔To enable 18 states and the District of Columbia to develop
locally tailored programs to assist struggling homeowners in their community
✔✔CFPB - ✔✔To create a federal agency charged with addressing failures of
consumer protections
✔✔Making Home Affordable - ✔✔To help homeowners avoid foreclosure, stabilize the
housing market, and improve the economy
✔✔National Mortgage Settlement - ✔✔To penalize five financial institutions for
deceptive lending and foreclosure practices
✔✔ Deed Restrictions - ✔✔Legally enforceable terms that govern the use of real estate
✔✔Redlining - ✔✔The practice of refusing to make residential loans or imposing more
onerous terms on any loans made because of the predominant race, color, national
origin, religion, sex, disability, or familial status of the area's residents.
✔✔Civil Rights Act of 1968 - ✔✔Following the assassination of Dr. Martin Luther King
Jr., Congress passed what monumental piece of legislation, which prohibits
, discrimination in housing sales, rentals, and financing based on race, color, national
origin, religion, sex, disability and familial status?
✔✔7 - ✔✔The Fair Housing Act, as amended, protects how many characteristics?
✔✔Reasonable Modification - ✔✔A property manager of an apartment complex that
receives federal financial assistance installs a ramp so that a tenant in a wheelchair can
easily access her first-floor apartment.
✔✔Reasonable Accommodation - ✔✔Housing provider has a policy of requiring tenants
to come to the rental office to pay their rent. A tenant with a mental disability, who is
afraid to leave her unit, is allowed to mail her rent payment.
✔✔True - ✔✔The Fair Housing Act does not prohibit a lender from showing potential
clients information about different loans.
✔✔Fair Housing Assistance Program (FHAP) - ✔✔Provides annual funding to state and
local agencies that enforce fair housing laws that are substantially equivalent to the Fair
Housing Act. These funds go towards an agency's capacity building, administrative
costs, investigative and enforcement efforts, training and other projects designed to
support enforcement of fair housing law.
✔✔Fair Housing Initiatives Program (FHIP) - ✔✔Provides funding to fair housing
organizations and nonprofits that assist people who may have been victims of housing
discrimination.
✔✔Marketing Analysis - ✔✔Aim is to identify groups of people who would benefit most if
targeted by the campaign, the characteristics of these people, and their expectations.
✔✔Networking Event - ✔✔The opportunity to increase awareness of the plans and
actions of housing industry members, private organizations and foundations, public
housing agencies, neighborhood groups, regional organizations, and others to further
fair housing objectives.
✔✔Personal Information - ✔✔The section of the credit report that contains employer
details.
✔✔Account Information - ✔✔The section of a credit report that contains information
about a student loan.
✔✔Public Records - ✔✔The section of the credit report that contains court information
such as a bankruptcy.
✔✔Inquiries - ✔✔The section of the credit report that will show recent attempts to open
a credit card.
