NMLS Final Exam Questions and Answers (100% Pass)
NMLS Final Exam Questions and Answers (100% Pass) Which is NOT under the responsibility of and enforced by the Consumer Financial Protection Bureau (CFPB)? - Answer-Federal Fair Housing Act Which of the following is considered a triggering event? - Answer-Termination of mortgage insurance Ike closes a loan with Max Mortgage. His name is not on the National Do Not Call Registry. Max Mortgage can call Ike - Answer-indefinitely. Who manages the National Do Not Call Registry? - Answer-Federal Trade Commission Appraisal Independence does not prohibit an appraiser from - Answer-being paid a fee by a creditor based on what's customary for that area. If a borrower is requesting a cash out refinance on a non-owner occupied home they own and sign all the closing documents on a Monday. There is no Federal Holiday during the month, when could the loan fund?] - Answer-Monday There is no rescission period for cash out on an investment property. HOEPA is also known as - Answer-HOEPA is Section 32 of TILA.
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nmls final exam questions and answers 100 pass
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a higher priced loan is a loan secured by the borr
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a telemarketer can be fined how much for calling s
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which law includes prohibitions on steering incent
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