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MLO TEST| 998 Questions with Complete Solutions | A+ Grade
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219
April 2024
2023/2024
A+
1.The practice of getting people to sell their homes at bargain prices by suggesting that certain ethnic
groups are going to move into the area is nicknamed:
1.Price fixing 2.Redlining 3.Steering 4.Blockbusting - Correct Choice:4
2.You and the borrower believe an Adjustable Rate Mortgage would be best for the borrower. What is
the name of the booklet you are required to give?
1.CHARM Booklet
2.ARM Disclosure
3.Fair Lending Practices Booklet 4.RESPA Booklet - Correct Choice:1
3.How many d...
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