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Business> EXAM > NMLS study guide with Complete Solutions (All)
A lender has how many days to refund excessive variances on a Closing Disclosure? - ANSWER 60 days Lender has how many days after settlement to refund any portion of charges on the HUD-1 that excee...
By MARKALLAN
EXAM
$9.00
Business> EXAM > NMLS SAFE EXAM LATEST UPDATED GRADED A+ (All)
Primary Mortgage Market - ANSWER Where credit institutions originate loans C. The maximum the rate can increase over the life of the loan - ANSWER When an ARM has rate caps of 5/2/6, the 6 refers t...
By MARKALLAN
EXAM
$11.00
Business> EXAM > NMLS final exam Latest Updated Graded A+ (All)
Who is responsible for ensuring that the Closing Disclosure is delivered to the consumer? A.The creditor B.The loan processor C.The consumer D. The CFPB - ANSWER A. the creditor Which law r...
By MARKALLAN
EXAM
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Business> EXAM > NMLS Test Prep Latest Updated with Complete Solution (All)
Reg B - ANSWER ECOA Reg C - ANSWER HMDA Reg G - ANSWER SAFE - registered Reg H - ANSWER SAFE - licensed Reg N - ANSWER MAP Rule Reg P - ANSWER GLB Act Reg V - ANSWER FCRA Reg X -...
By MARKALLAN
EXAM
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Business> QUESTIONS & ANSWERS > NMLS Practice Test Hard Questions Solved 100% (Guaranteed Pass) (All)
A discount point is BEST described as a charge the borrower pays to: A.) A lender to decrease the interest rate on the mortgage loan B.) A mortgage broker at the time of application to obtain a fa...
By MARKALLAN
QUESTIONS & ANSWERS
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