Finra licensing - Study guides, Class notes & Summaries

NMLS QUESTIONS WITH SOLUTIONS, GRADED A+ Acceleration Clause Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:03 / 0:15 Full screen Appraiser Independance Requirements replace...

Benefits of using Digital Marketing - correct answer -Better Customer Engagement Real-time results, monitoring, and optimization Enhanced Analytics Campaign Automation and Integration Lower Costs Compaction - correct answer -Process of deleting expired data to make room for new data SaaS - correct answer -A software licensing and delivery model where applications are accessed over the internet IaaS - correct answer -Offers computing hardware, storage, and networking but not the oper...

NMLS EXAM 1: Questions and answers, VERIFIED/ 1) Mortgage loan fraud is reported at what level? A. State B. Federal C. County D. City - -B. Mortgage Fraud is reported to the FBI and to HUD ( The United States Department of Housing and Urban Development is a Cabinet department in the executive branch of the U.S. federal government) 2) Title V of the Housing and Economic Recovery Act (HERA) of 2008 is best known as: A. The SAFE Act B. RESPA C. TILA D. CRA - -A. S.A.F.E --The comple...

When does insured need an insurable interest? - correct answer when they buy insurance(not like property casualty where have to have at time of claim and not necessarily when buying) when is subrogation used? - correct answer not in life and seldom in health elimination period - correct answer what acts as the deductible in health insurance(the term deductible is not used in disibility insurance) - have to actually be disabled for a certian amount of time Annuity - correct answer provid...

Washington State Property & Casualty Insurance Latest Exam 100% correct answers. Authorized Insurer - correct answer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion - correct answer the accepter of the contract must "adhere" to the written contract inducement - correct answer An action aimed at persuading insolvent - correct answer Bankrupt; unable to pay debts. Transacting Insur...

Washington State Property & Casualty Insurance Latest Exam 100% correct answers. Authorized Insurer - correct answer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion - correct answer the accepter of the contract must "adhere" to the written contract inducement - correct answer An action aimed at persuading insolvent - correct answer Bankrupt; unable to pay debts. Transacting Insur...

SIE EXAM 2024 LATEST UPDATE QUESTIONS AND VERIFIED ANSWERS GRADED A++ Federal Reserve Board Founded on December 23rd 1913, to oversee financial panics. Independent of direct political influence. Federal Reserve Act was passed to stabilize prices, maximize employment, moderate long term interest. FINRA vs MSRB FINRA oversees brokerage firms and their associated persons. MSRB- regulates the municipal securities market including dealers, municipal advisers, and issuers. Municipal Securiti...

XCEL FL TEST STUDY GUIDE VERIFIED ANSWERS Which of the following types of health coverage frequently uses a deductible? ️ Major Medical policy. What kind of Accidental Death and Dismemberment (AD&D) insurance beneficiary requires consent when a change of beneficiary is made? ️ Irrevocable beneficiary. If a 10-Year Term Life policy includes a Renewability provision, the policy will renew: ️ Without evidence of insurability. Under Florida law, how often must a variable ...

1) Mortgage loan fraud is reported at what level? A. State B. Federal C. County D. City - Answer-B. Mortgage Fraud is reported to the FBI and to HUD ( The United States Department of Housing and Urban Development is a Cabinet department in the executive branch of the U.S. federal government) 2) Title V of the Housing and Economic Recovery Act (HERA) of 2008 is best known as: A. The SAFE Act B. RESPA C. TILA D. CRA - Answer-A. S.A.F.E --The complete name of which is the Secure and ...