HUD CERTIFICATION TRAINING QUESTIONS
WITH CORRECT ANSWERS 2025
FACTAM-MCORRECTMANSWERM-
(FairMandMAccurateMCreditMTransactionsMAct):MPreventsMidentityMtheft,MputsMlimitsMonMinformationMsharin
g.MAmendmentMtoMFCRA.
FCRAM-MCORRECTMANSWERM-
FairMCreditMReportingMActMofM1970MregulatesMtheMcollectionMandMuseMofMconsumerMcreditMinformation
ECOAM-MCORRECTMANSWERM-
EqualMCreditMOpportunityMAct,MfederalMlawMprohibitingMdiscriminationMinMcredit/lending
FCBAM-MCORRECTMANSWERM-
FairMCreditMBillingMAct,MaMcreditMcardMcompanyMmustMpromptlyMinvestigateMandMrespondMtoManyMconsu
merMcomplaintsMaboutMaMcreditMcardMbill.
CFPBM-MCORRECTMANSWERM-
TheMConsumerMFinancialMProtectiveMBureauMisManMindependentMfederalMagencyMthatMholdsMprimaryMres
ponsibilityMforMregulatingMconsumerMprotection.
DILM-MCORRECTMANSWERM-
DeedMinMlieu:MLegalMagreementMthatMallowsMborrowMtoMvoluntarilyMgiveMtheMpropertyMbackMtoMtheMlend
er.MAvoidMforeclosure
EEMM-MCORRECTMANSWERM-
EnergyMEfficientMMortgage;ManMFHAMprogramMthatMhelpsMhomebuyersMsaveMmoneyMonMutilityMbillsMbyMe
nablingMthemMtoMfinanceMtheMcostMofMaddingMenergyMefficiencyMfeaturesMtoMaMnewMorMexistingMhomeMas
MpartMofMtheMhomeMpurchase
ARMM-MCORRECTMANSWERM-AdjustableMRateMMortgage
CFRM-MCORRECTMANSWERM-CodeMofMFederalMRegulations
, FHAPM-MCORRECTMANSWERM-
FairMHousingMAssistanceMProgramM(FHEOMprogram).MProgramMassistingMstate/localMgovernmentMwithMpro
cessingMfairMhousingMcomplaints.
FHIPM-MCORRECTMANSWERM-
FairMHousingMInitiativesMProgramM(FHEOMprogram).MProgramMtoMassistMstate/localMgovernment,Mcommun
ityMgroupsMandMhousingMresourceMboardsMtoMcombatMhousingMdiscrimination.
FICOM-MCORRECTMANSWERM-(FairMIssacMandMCompany)MaMCreditMscoreMfromM300-
850MthatMratesMhowMlikelyMaMpersonMisMtoMfallM90MdaysMbehindMinMaMpayment.
GFEM-MCORRECTMANSWERM-
GoodMFaithMEstimate.MAMGFEMisMaMdocumentMthatMtheMlenderMisMrequiredMtoMgiveMaMprospectiveMborrow
erMwhenMtheyMapplyMforMaMloan.MTheMGFEMisManMestimateMofMallMclosingMcostsMandMfeesMrequiredMforMth
eMproposedMmortgageMloan.
LTVM-MCORRECTMANSWERM-LoanMtoMValue
NODM-MCORRECTMANSWERM-NoticeMofMDefault
MIPM-MCORRECTMANSWERM-MortgageMinsuranceMpremium-MinsuranceMinMtheMFHAMloan-
MinsuresMtheMwholeMloan
PMIM-MCORRECTMANSWERM-PrivateMMortgageMInsurance-MconventionalMlending-
MallowingMforMhighMLTV/MlowMdownMpaymentMconventionalMloans-MPMIMinsuresMtheMlender'sMrisk
RESPAM-MCORRECTMANSWERM-
TheMRealMEstateMSettlementMProceduresMActM(RESPA)MisMaMfederalMlawMthatMgivesMconsumersMtheMrightMt
oMreviewMinformationMaboutMloanMsettlementMcostsMafterMtheyMapplyMforMaMloanMandMagainMatMloanMsett
lement.MTheMlawMobligesMlendersMtoMprovideMtheseMsettlementMcostsMonlyMafterMapplication.
TILAM-MCORRECTMANSWERM-TruthMinMLendingMActM-
MRegMZ.MRequiresMlendersMtoMrevealMtotalMcostMofMloanMandMAPR.
WITH CORRECT ANSWERS 2025
FACTAM-MCORRECTMANSWERM-
(FairMandMAccurateMCreditMTransactionsMAct):MPreventsMidentityMtheft,MputsMlimitsMonMinformationMsharin
g.MAmendmentMtoMFCRA.
FCRAM-MCORRECTMANSWERM-
FairMCreditMReportingMActMofM1970MregulatesMtheMcollectionMandMuseMofMconsumerMcreditMinformation
ECOAM-MCORRECTMANSWERM-
EqualMCreditMOpportunityMAct,MfederalMlawMprohibitingMdiscriminationMinMcredit/lending
FCBAM-MCORRECTMANSWERM-
FairMCreditMBillingMAct,MaMcreditMcardMcompanyMmustMpromptlyMinvestigateMandMrespondMtoManyMconsu
merMcomplaintsMaboutMaMcreditMcardMbill.
CFPBM-MCORRECTMANSWERM-
TheMConsumerMFinancialMProtectiveMBureauMisManMindependentMfederalMagencyMthatMholdsMprimaryMres
ponsibilityMforMregulatingMconsumerMprotection.
DILM-MCORRECTMANSWERM-
DeedMinMlieu:MLegalMagreementMthatMallowsMborrowMtoMvoluntarilyMgiveMtheMpropertyMbackMtoMtheMlend
er.MAvoidMforeclosure
EEMM-MCORRECTMANSWERM-
EnergyMEfficientMMortgage;ManMFHAMprogramMthatMhelpsMhomebuyersMsaveMmoneyMonMutilityMbillsMbyMe
nablingMthemMtoMfinanceMtheMcostMofMaddingMenergyMefficiencyMfeaturesMtoMaMnewMorMexistingMhomeMas
MpartMofMtheMhomeMpurchase
ARMM-MCORRECTMANSWERM-AdjustableMRateMMortgage
CFRM-MCORRECTMANSWERM-CodeMofMFederalMRegulations
, FHAPM-MCORRECTMANSWERM-
FairMHousingMAssistanceMProgramM(FHEOMprogram).MProgramMassistingMstate/localMgovernmentMwithMpro
cessingMfairMhousingMcomplaints.
FHIPM-MCORRECTMANSWERM-
FairMHousingMInitiativesMProgramM(FHEOMprogram).MProgramMtoMassistMstate/localMgovernment,Mcommun
ityMgroupsMandMhousingMresourceMboardsMtoMcombatMhousingMdiscrimination.
FICOM-MCORRECTMANSWERM-(FairMIssacMandMCompany)MaMCreditMscoreMfromM300-
850MthatMratesMhowMlikelyMaMpersonMisMtoMfallM90MdaysMbehindMinMaMpayment.
GFEM-MCORRECTMANSWERM-
GoodMFaithMEstimate.MAMGFEMisMaMdocumentMthatMtheMlenderMisMrequiredMtoMgiveMaMprospectiveMborrow
erMwhenMtheyMapplyMforMaMloan.MTheMGFEMisManMestimateMofMallMclosingMcostsMandMfeesMrequiredMforMth
eMproposedMmortgageMloan.
LTVM-MCORRECTMANSWERM-LoanMtoMValue
NODM-MCORRECTMANSWERM-NoticeMofMDefault
MIPM-MCORRECTMANSWERM-MortgageMinsuranceMpremium-MinsuranceMinMtheMFHAMloan-
MinsuresMtheMwholeMloan
PMIM-MCORRECTMANSWERM-PrivateMMortgageMInsurance-MconventionalMlending-
MallowingMforMhighMLTV/MlowMdownMpaymentMconventionalMloans-MPMIMinsuresMtheMlender'sMrisk
RESPAM-MCORRECTMANSWERM-
TheMRealMEstateMSettlementMProceduresMActM(RESPA)MisMaMfederalMlawMthatMgivesMconsumersMtheMrightMt
oMreviewMinformationMaboutMloanMsettlementMcostsMafterMtheyMapplyMforMaMloanMandMagainMatMloanMsett
lement.MTheMlawMobligesMlendersMtoMprovideMtheseMsettlementMcostsMonlyMafterMapplication.
TILAM-MCORRECTMANSWERM-TruthMinMLendingMActM-
MRegMZ.MRequiresMlendersMtoMrevealMtotalMcostMofMloanMandMAPR.