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Salesforce Advanced Admin Practice Exam Questions And Answers (Verified And Updated)

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Salesforce Advanced Admin Practice Exam Questions And Answers (Verified And Updated) What is a capability of Territory Management? a) It grants access to records based on profiles b) It grants access to records based on role hierarchy c) It grants access to records regardless of ownership d) It grants access to records based on ownership - answerc) It grants access to records regardless of ownership UC categorizes its accounts with one of two status values - Prospect or Customer. The a...

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  • uploaded  23-05-2024
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MLO SAFE Test 2024 Exam Questions With 100% Correct Answers

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MLO SAFE Test 2024 Exam Questions With 100% Correct Answers Dodd-Frank - answer- Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 - Changed oversight & capitalization of financial institutions, added licensing an education standards, and limited riskier products in the marketplace - Established the CFPB - Defined and specifically outlawed UDAAPs CFPB - answer- Consumer Financial Protection Bureau - The Bureau - Oversees and enforces Dodd-Frank specifically to protect c...

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The SAFE Act Ch 6 Exam Questions With 100% Correct Answers

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The SAFE Act Ch 6 Exam Questions With 100% Correct Answers Nontraditional Mortgage Product - answerDefined by the SAFE Act as any mortgage product other than a 30-year fixed rate mortgage; as defined by the Interagency Guidance on Nontraditional Mortgage Product Risk, allows a borrower to defer principal and, sometimes, interest. Registered Loan Originator - answerA natural person who is employed by a depository institution that is regulated by a federal banking agency and is exempt from ...

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SAFE Mortgage Loan Originator Practice Exam

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SAFE Mortgage Loan Originator Practice Exam Dodd-Frank Wall Street Reform/Consumer Financial Protection Act of 2010. - answerPromote the financial stability of the US by improving accountability and transparency in the financial system. (Created Consumer Financial Protection Act and Mortgage Reform an Anti-Predatory Lending). Consumer Financial Protection Bureau (CFPB) - answerProtect consumer, specifically from the fine print in the disclosures. Explains the risk involved by using these ...

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20 Hour SAFE Comprehensive Exam Questions With Verified Answers

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20 Hour SAFE Comprehensive Exam Questions With Verified Answers The appraisal approach that is used as the best indicator of value for existing properties is __________ - answerMarket Data Approach Mortgage Loan originators who make cold calls must comply woth the requirements of the National Do-Not-Call rules. The loan originator needs to update any download of the registry at least every ___________ - answer31 days The Truth in Lending Act is contained in Title I of the ________ - answe...

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S.A.F.E Mortgage Loan Originator Exam

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S.A.F.E Mortgage Loan Originator Exam GLBA - answerGramm-Leah-Bliley Act FTC - answerFederal Trade Commission FCC - answerFederal Communications Commission NPI - answerNon-public Personal Information Consumer - answerIndividual who obtains financial services for personal use Customer - answerContinuing relationship with a financial institute EBR - answerEstablished Business Relationship FACTA - answerFair Credit Reporting Act (Original FCRA) FHA - answerFair Housing Act & Federal Housin...

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SAFE Mortgage Loan Originator Test - National Component with Uniform State Content Exam Questions With Verified Answers

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SAFE Mortgage Loan Originator Test - National Component with Uniform State Content Exam Questions With Verified Answers What does UST stand for? - answerUniform State Test Who does the CFPB protect? - answerThe Consumer Financial Protection Bureau protects consumers in the financial marketplace. What does the CFPB do? - answerCFPB is now in charge of implementing and enforcing most of the provisions of federal lending laws that relate to protecting consumers while they are shopping for,...

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20-HR SAFE Comprehensive Mortgage Loan Originator Fundamentals HW Exam Questions With Verified Answers

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20-HR SAFE Comprehensive Mortgage Loan Originator Fundamentals HW Exam Questions With Verified Answers Mortgage loan originators who make cold calls must comply with the requirements of the National Do-Not-Call rules. The loan originator needs to update any download of the registry at least every: 31 days 18 Months 7 days Year - answer31 Days The appraisal approach that is used as the best indicator of value for existing properties is: Similar property approach Fair market value appr...

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The SAFE Mortgage Loan Originator National Exam Study Guide practice Exam 2 Questions With 100% Correct Answers

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The SAFE Mortgage Loan Originator National Exam Study Guide practice Exam 2 Questions With 100% Correct Answers 1. Which of the following is NOT a loan origination activity? - answerC. Assisting in a loan modification 2. A unilateral contract is binding on: - answerA. One party 3. Loan originator organizations must keep compensation records for how many years? - answerC. Three 4. Mortgage companies must submit a residential loan origination activity report to the NMLSR every: - answerB....

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