Champions School of Real Estate
Finance COMPLETE QUESTIONS
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,Terms in this set (54)
The process of Origination activities
creating a new
mortgage loan,
including all
steps taken by a
lender to attract
and qualify a
borrower are
_____.
The process of Underwriting
evaluating a
borrower's loan
application to
determine the
risk involved for
the lender is
Which of the National Origin
following
Federal Fair
Housing statues
prohibit housing
discrimination
, All residential Nationwide Mortgage Licensing
mortgage loan System and Registry (NMLSR)
originators must
now be
registered with
the ______.
A young couple Redlining under the Community
would like to Reinvestment Act (CRA)
buy a rundown
house, with a
high credit
score, but the
lender refuses
to sell in that
location. What is
the lender guilty
of?
The ______ Community Reinvestment Act
prohibits
Redlining.
Finance COMPLETE QUESTIONS
AND ANSWERS | ALREADY
PASSED | 2025 LATEST!!
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
,Terms in this set (54)
The process of Origination activities
creating a new
mortgage loan,
including all
steps taken by a
lender to attract
and qualify a
borrower are
_____.
The process of Underwriting
evaluating a
borrower's loan
application to
determine the
risk involved for
the lender is
Which of the National Origin
following
Federal Fair
Housing statues
prohibit housing
discrimination
, All residential Nationwide Mortgage Licensing
mortgage loan System and Registry (NMLSR)
originators must
now be
registered with
the ______.
A young couple Redlining under the Community
would like to Reinvestment Act (CRA)
buy a rundown
house, with a
high credit
score, but the
lender refuses
to sell in that
location. What is
the lender guilty
of?
The ______ Community Reinvestment Act
prohibits
Redlining.
