Unit 17: Closing the Real Estate Transaction Flashcards
1
Q
accrued items
A
2
Q
affiliated business arrangement (ABA)
A
3
Q
closing
A
4
Q
closing disclosure
A
5
Q
closing statement
A
6
Q
credit
A
7
Q
debit
A
8
Q
escrow accounts
A
9
Q
escrow closing
A
10
Q
impound accounts
A
11
Q
Loan Estimate
A
12
Q
Mortgage Disclosure Improvement Act (MDIA)
A
13
Q
mortgage servicing transfer statement prepaid items
A
14
Q
prorations
A
15
Q
Real Estate Settlement Procedures Act (RESPA)
A
