Nmls test affinity Study guides, Class notes & Summaries
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NMLS TEST-Affinity Exam Questions with Complete Solutions
- Exam (elaborations) • 18 pages • 2024
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NMLS TEST-Affinity Exam Questions with Complete Solutions 
 
Which regulation requires the lenders to "BE EQUAL" when extending credit to borrowers? - Answer-ECOA 
 
How old must a borrower be to qualify for a Reverse Mortgage? - Answer-62 years old 
 
Which regulation has the primary function of preventing Identity Theft? - Answer-FACT Act 
 
Which regulation has Section 114 Rules? - Answer-FACT Act 
 
Which regulation requires the creditor to verify the VALIDITY of any change of address rece...
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NMLS TEST-Affinity Exam Questions with Complete Solutions
- Exam (elaborations) • 18 pages • 2024
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NMLS TEST-Affinity Exam Questions with Complete Solutions 
 
Regulation X is the letter used to describe which law? - Answer-RESPA 
 
RESPA is the acronym used to describe which law? - Answer-Real Estate Settlement Procedures Act 
 
What type of mortgage requires a non-refundable funding fee? - Answer-VA Loan 
 
What is the provision in a mortgage enabling a lender to demand full repayment if the borrower DEFAULTS on the loan? - Answer-Acceleration Clause 
 
What is the provision in a mortgage e...
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NMLS TEST-Affinity Correct Questions & Answers(Rated A+)NMLS TEST-Affinity Correct Quest
- Exam (elaborations) • 18 pages • 2023
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What law deals with credit, APR & Advertising of consumer loans? - ANSWERS TILA 
 
Which regulation prohibits kickbacks? - ANSWERS RESPA 
 
Which regulations require the lender to cancel PMI when the loan reaches 78% LTV? - ANSWERS HPA-Homeowners Protection Act 
 
Which Regulation prohibits fee splitting? - ANSWERS RESPA
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BUNDLE OF NMLS QUESTION AND ANSWER 2023
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NMLS TEST-Affinity QUESTION 100% SOLVED


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NMLS 2023 QUESTION AND ANSWER RATED A 


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NMLS QUESTION AND ANSWER 2023


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NMLS Practice Test 100% correct


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NMLS Flashcards 2022/2023 question and answers


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MLO SAFE NMLS safe test practice questions with corr
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NMLS TEST-Affinity Exam Questions with Verified Answers
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
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- $14.49
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What law deals with credit, APR & Advertising of consumer loans? - Answer-TILA 
 
Which regulation prohibits kickbacks? - Answer-RESPA 
 
Which regulations require the lender to cancel PMI when the loan reaches 78% LTV? - Answer-HPA-Homeowners Protection Act 
 
Which Regulation prohibits fee splitting? - Answer-RESPA 
 
Regulation X is the letter used to describe which law? - Answer-RESPA 
 
RESPA is the acronym used to describe which law? - Answer-Real Estate Settlement Procedures Act 
 
What t...
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NMLS TEST-Affinity QUESTIONS AND ANSWERS 100% SOLVED
- Exam (elaborations) • 19 pages • 2023
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NMLS TEST-Affinity QUESTIONS AND ANSWERS 100% SOLVED 
 
What law deals with credit, APR & Advertising of consumer loans? - correct answer TILA 
 
Which regulation prohibits kickbacks? - correct answer RESPA 
 
Which regulations require the lender to cancel PMI when the loan reaches 78% LTV? - correct answer HPA-Homeowners Protection Act 
 
Which Regulation prohibits fee splitting? - correct answer RESPA 
 
Regulation X is the letter used to describe which law? - correct answer RESPA 
 
RESPA i...
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NMLS TEST-Affinity Correct Questions & Answers(SCORED A+)
- Exam (elaborations) • 18 pages • 2023
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What law deals with credit, APR & Advertising of consumer loans? - ANSWERS TILA 
 
Which regulation prohibits kickbacks? - ANSWERS RESPA 
 
Which regulations require the lender to cancel PMI when the loan reaches 78% LTV? - ANSWERS HPA-Homeowners Protection Act 
 
Which Regulation prohibits fee splitting? - ANSWERS RESPA 
 
Regulation X is the letter used to describe which law? - ANSWERS RESPA 
 
RESPA is the acronym used to describe which law? - ANSWERS Real Estate Settlement Procedures Act 
 
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NMLS SAFE Pre-Test Questions- Affinity Real Estate & Mortgage Training With Correct Answers
- Exam (elaborations) • 5 pages • 2023
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NMLS SAFE Pre-Test Questions- Affinity Real Estate & Mortgage Training With Correct Answers...
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NMLS TEST-Affinity QUESTION 100% SOLVED
- Exam (elaborations) • 19 pages • 2023
- Available in package deal
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- $14.99
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NMLS TEST-Affinity QUESTION 100% SOLVED What law deals with credit, APR & Advertising of consumer loans? 
TILA 
 
 
 
Which regulation prohibits kickbacks? 
RESPA 
 
 
 
Which regulations require the lender to cancel PMI when the loan reaches 78% LTV? 
HPA-Homeowners Protection Act 
 
 
 
Which Regulation prohibits fee splitting? 
RESPA 
 
 
 
Regulation X is the letter used to describe which law? 
RESPA 
 
 
 
RESPA is the acronym used to describe which law? 
Real Estate Settlement Procedures A...
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