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Mortgage Law Bundle Pack

Mortgage Law Bundle Pack

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Florida State Mortgage |53 questions| with correct answers

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Financial Services Commission (the Commission) made out of: CORRECT ANSWER 1.) Governor 2.) Attorney General 3.) Chief Financial Officer 4.) Commissioner of Agriculture Commissioner of Agriculture (appoints) CORRECT ANSWER Commissioner of the Office of Financial Regulation and the Commissioner...

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Federal Mortgage Related Laws |142 questions| with correct answers

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What loan type is NOT included in the Home Mortgage Disclosure Act? CORRECT ANSWER Vacant land loans What are the terms of the "cooling off" period if a loan falls under HOEPA? CORRECT ANSWER Three business days PRIOR to closing The SAFE Act is part of the CORRECT ANSWER Housing and Economy ...

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CA Mortgage Law |192 questions| with correct answers

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The state's licensing laws for the regulation of mortgage licensees are CORRECT ANSWER the California Financing Law and the California Residential Mortgage Lending Act Applicants for a Financing Law license or a Residential Mortgage Lending Act license must file a CORRECT ANSWER Company Form ...

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Arizona Mortgage Exam questions with correct answers

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Which of the following is required to be licensed as a mortgage loan originator in the state of Arizona? CORRECT ANSWER A person working as an underwriter on an independent contractor basis c How many years of experience are required for a Responsible Individual? CORRECT ANSWER Three c Which o...

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