HUD CERTIFICATION EXAM WITH ALL CORRECT &
100% VERIFIED ANSWER|2025 LATEST UPDATE|
ALREADY GRADED A+
Legally enforceable terms that govern the use of real estate Correct answer-Deed Restrictions
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. Correct answer-Redlining
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? Correct answer-Civil Rights Act of
1968
The Fair Housing Act, as amended, protects how many characteristics? Correct answer-7
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. Correct answer-
Reasonable Modification
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.
Correct answer-Reasonable Accommodation
The Fair Housing Act does not prohibit a lender from showing potential clients information about
different loans. Correct answer-True
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. Correct answer-Fair Housing Assistance
Program (FHAP)
Provides funding to fair housing organizations and nonprofits that assist people who may have been
victims of housing discrimination. Correct answer-Fair Housing Initiatives Program (FHIP)
Aim is to identify groups of people who would benefit most if targeted by the campaign, the
characteristics of these people, and their expectations. Correct answer-Marketing Analysis
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. Correct answer-Networking Event
The section of the credit report that contains employer details. Correct answer-Personal
Information
The section of a credit report that contains information about a student loan. Correct answer-
Account Information
, The section of the credit report that contains court information such as a bankruptcy. Correct
answer-Public Records
The section of the credit report that will show recent attempts to open a credit card. Correct
answer-Inquiries
The section of the credit report that contains information about how to correct inaccuracies.
Correct answer-Consumer Rights
Credit: Payment history of accounts, including late payments, delinquencies, judgments, and liens.
Correct answer-Account History
Credit: Ratio of total credit extended to the amount of credit owed. Correct answer-Amounts
Owed
Credit: Overall length of credit history in the report as well as the average age of accounts. Correct
answer-Length of Credit History
Credit: Variety of accounts (e.g. credit card, auto loan, mortgage) Correct answer-Types of Credit
Credit: Number of recent credit inquiries, as well as new credit accounts. Correct answer-New
Credit
Where does a client go to get a free credit report? Correct answer-AnnualCreditReport.com
You have the right to dispute information in your credit file that is incomplete, inaccurate, or
unverifiable. Correct answer-Fair Credit Reporting Act (FCRA)
You have the right to a free annual credit report. Correct answer-Fair and Accurate Credit
Transactions Act (FACTA)
You have the right to place a fraud alert on your credit file. Correct answer-Fair and Accurate Credit
Transactions Act (FACTA)
You have the right to know what is in your credit file. Correct answer-Fair Credit Reporting Act
(FCRA)
Which federal law protects a consumer's right to dispute a billing error associated with his/her credit
card account. Correct answer-Fair Credit Billing Act (FCBA)
What act limits employers access to persons credit report. Correct answer-Fair Credit Reporting
Act (FCRA)
Fee charged when a client sends a payment to another account electronically through electronic
funds transfer (EFT) Correct answer-Wire Transfer Fee
Fee charged when an account doesn't have money to cover a purchase and the financial institution
loans money to complete the payment. Correct answer-Overdraft Fee
Fee charged to invalidate a check before it is cashed. Correct answer-Stop Payment Fee
100% VERIFIED ANSWER|2025 LATEST UPDATE|
ALREADY GRADED A+
Legally enforceable terms that govern the use of real estate Correct answer-Deed Restrictions
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. Correct answer-Redlining
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? Correct answer-Civil Rights Act of
1968
The Fair Housing Act, as amended, protects how many characteristics? Correct answer-7
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. Correct answer-
Reasonable Modification
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.
Correct answer-Reasonable Accommodation
The Fair Housing Act does not prohibit a lender from showing potential clients information about
different loans. Correct answer-True
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. Correct answer-Fair Housing Assistance
Program (FHAP)
Provides funding to fair housing organizations and nonprofits that assist people who may have been
victims of housing discrimination. Correct answer-Fair Housing Initiatives Program (FHIP)
Aim is to identify groups of people who would benefit most if targeted by the campaign, the
characteristics of these people, and their expectations. Correct answer-Marketing Analysis
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. Correct answer-Networking Event
The section of the credit report that contains employer details. Correct answer-Personal
Information
The section of a credit report that contains information about a student loan. Correct answer-
Account Information
, The section of the credit report that contains court information such as a bankruptcy. Correct
answer-Public Records
The section of the credit report that will show recent attempts to open a credit card. Correct
answer-Inquiries
The section of the credit report that contains information about how to correct inaccuracies.
Correct answer-Consumer Rights
Credit: Payment history of accounts, including late payments, delinquencies, judgments, and liens.
Correct answer-Account History
Credit: Ratio of total credit extended to the amount of credit owed. Correct answer-Amounts
Owed
Credit: Overall length of credit history in the report as well as the average age of accounts. Correct
answer-Length of Credit History
Credit: Variety of accounts (e.g. credit card, auto loan, mortgage) Correct answer-Types of Credit
Credit: Number of recent credit inquiries, as well as new credit accounts. Correct answer-New
Credit
Where does a client go to get a free credit report? Correct answer-AnnualCreditReport.com
You have the right to dispute information in your credit file that is incomplete, inaccurate, or
unverifiable. Correct answer-Fair Credit Reporting Act (FCRA)
You have the right to a free annual credit report. Correct answer-Fair and Accurate Credit
Transactions Act (FACTA)
You have the right to place a fraud alert on your credit file. Correct answer-Fair and Accurate Credit
Transactions Act (FACTA)
You have the right to know what is in your credit file. Correct answer-Fair Credit Reporting Act
(FCRA)
Which federal law protects a consumer's right to dispute a billing error associated with his/her credit
card account. Correct answer-Fair Credit Billing Act (FCBA)
What act limits employers access to persons credit report. Correct answer-Fair Credit Reporting
Act (FCRA)
Fee charged when a client sends a payment to another account electronically through electronic
funds transfer (EFT) Correct answer-Wire Transfer Fee
Fee charged when an account doesn't have money to cover a purchase and the financial institution
loans money to complete the payment. Correct answer-Overdraft Fee
Fee charged to invalidate a check before it is cashed. Correct answer-Stop Payment Fee
