Nmls exam 2 questions with complete solutions (Graded A+)

Nmls exam 2 questions with complete solutions (Graded A+) To inform the consumer the likelihood that the mortgage could be sold - Answer-Which is NOT a purpose for the Mortgage Servicing Disclosure Statement? income level - Answer-Identify which attribute is not considered illegal discrimination in granting credit under the ECOA Dodd-Frank Act - Answer-Which act contains title X and title XIV The mortgage loan originator regretted overlooking liabilities in order to qualify the borrower for a better interest rate - Answer-Which of these circumstances would not be an acceptable reason to provide a revised loan estimate to a borrower Design implement and maintain safeguards to protect customer information - Answer-The safeguards rule requires financial institutions to TILA - Answer-Which federal legislation allows a borrower three business days to reconsider an owner occupied refinance transaction