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John Prietto
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Decks in this class (34)
Respa
Which of the following is not tru...,
Real estate settlement procedures...,
Real estate settlement procedures...
44
cards
RESPA PrepXl
Which of the following is not tru...,
Which of the following would most...,
Which of the following circumstan...
7
cards
Loan Programs
Qualified and non qualified mortg...,
Qualified and non qualified mortg...,
Qualified and non qualified mortg...
4
cards
ECOA
Within 30 days of receipt of a lo...,
Within ___days of receipt of an a...,
A notice of the right to receive ...
36
cards
ECOA PrepXl
According to ecoa discrimination ...,
Which of the following is true un...
16
cards
TILA
Record retention timeframes,
The primary goals of tila are to,
Tila does not apply to the follow...
94
cards
HOEPA
Hoepa stands for,
The federal government introduced...,
Hoepa provides protections under ...
31
cards
TILA-RESPA
Tila respa integrated disclosure ...,
Purpose aims to simplify and stre...,
The trid rule also imposes strict...
31
cards
Home Owners Protection Act
The homeowners protection act hpa...,
Purpose of private mortgage insur...,
The hpa applies to residential mo...
26
cards
Types of Loans
Fixed rate mortgage frm a fixed r...,
Adjustable rate mortgage arm an a...,
Fha loans fha loans are mortgages...
11
cards
General Test Questions and Answers
Uniform residential loan applicat...,
Loan estimate le this form is use...,
Closing disclosure cd this form i...
12
cards
SAFE Act
Safe act is also known as title ___,
For a state to approve a license ...,
An individual who has been workin...
20
cards
SAFE Act and CSBS/AARMR Model State Law PrepXl
Safe act and csbs aarmr model sta...,
To renew his or her license a mor...,
In order to meet the federal safe...
17
cards
HMDA- Home Mortgage Disclosure Act
The primary goal of hmda 12 usc 2...,
Hmda has 3 specific purposes 1 de...,
Hmda requires both depository and...
26
cards
Fair Credit Reporting Act (FCRA)
Fair credit reporting act purpose,
Fcra enacted by congress in,
Regulatory agencies primary consu...
31
cards
Fair and Accurate Credit Transactions Act of 2003 (FACT Act)
Purpose is to address ______ ____...
1
cards
Fair and Accurate Credit Transactions Act of 2003
Fair and accurate credit transact...,
Fcra vs fact act 1 the fcra was d...,
Fcra vs fact actkey innovations f...
25
cards
Dodd-Frank Wall Street Reform and Consumer Protection Act
Dodd frank wall street reform and...,
1 what is the primary purpose of ...,
2 which title of the dodd frank a...
15
cards
USA Patriot ACT
Usa patriot act purpose,
Actions required by title iii of ...,
Create an anti money laundering a...
15
cards
Bank Secrecy Act/Anti-Money Laundering (BSA/AML)
Bank secrecy act anti money laund...,
Suspicious activity reports sars ...,
Currency transaction report ctr r...
19
cards
Loan Inquiry and Application Process Requirements PrepXL
Which of the following does not n...,
If a consumer pays more at consum...,
Which of the following transactio...
23
cards
Qualified and Non-Qualified Mortgage Programs PrepXl
Qualified and non qualified mortg...,
What is the maximum prepayment pe...,
A jumbo loan ais for subprime bor...
25
cards
Ethical Issues PrepXl
Which of the following would not ...,
Under the red flags rule each aff...,
Which of the following is true ab...
36
cards
Mortgage Loan Products PrepXL
Which of the following loans woul...,
A hecm is repaid amonthly with in...,
A loan which requires payments co...
21
cards
Qualification: Processing and Underwriting
A borrower obtains a first mortga...,
Which of the following terms woul...,
A buyer is purchasing a property ...
22
cards
Random Study
What type of loan requires an upf...,
Discrimination by lenders is proh...,
Adverse action letter must be sub...
93
cards
TILA-Prep Xl
The stated purpose of the truth i...,
What is a trigger term,
Which of the following is not req...
21
cards
General Mortgage Knowledge-Prep Xl
Yield spread premiums ysp compens...,
The term escrow analysis refers t...,
In a residential mortgage loan tr...
24
cards
TILA-RESPA Integrated Disclosure Rule (TRID)-Prep Xl
Based on a valid change in circum...,
If the closing disclosure is mail...,
A borrower is refinancing the loa...
13
cards
SAFE Act and CSBS/AARMR Model State Law-Prep Xl
Gertrude hopper has not maintaine...,
If mortgage loan originator edna ...,
An applicant for a loan originato...
16
cards
Other Federal Laws and Regulation
A mortgage loan in the amount of ...,
Which of the following is not a r...,
The map rule addresses aspecific ...
16
cards
National Practice Exam
0
cards
Closing
Insurance which protects the lend...,
2
cards
Closing Prep-XL
A borrower closes in april his fi...,
Which of the following would not ...,
Which of the following best descr...
10
cards
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MLO
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