Dodd frank wall - Study guides, Class notes & Summaries

Which law regulates the activities of consumer reporting agencies and users of consumer credit reports? - Answer-FCRA Which agency manages the National Do Not Call Registry? - Answer-Federal Trade Commission Which act led to the Nationwide Mortgage Licensing System and Registry for the residential mortgage industry? - Answer-The SAFE Act Under ECOA, providing different terms of financing for a potential borrower who has poor credit scores due to a recent bankruptcy is considered? - Answ...

appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer-Closing The primary determinants of real estate values are supply and _____. - Answer-Demand _____ is something of value that can be pledged as security for repayment of a loan. - Answer-Collateral Servicing includes which of the following activities? - Answer-Maintaining records of payment The monetary policies of the _____affects interest rates and the availability of funds. - Ans...

Acceleration Clause - Answer-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) - Answer-Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - Answer-home valuation code of conduct Due on Demand Clause - Answer-(Considered a predatory practice) The lender can demand repayment of the loan in ...

Acceleration Clause - correct answer 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) - correct answer Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - correct answer home valuation code of conduct Due on Demand Clause - correct answer (Considered a predatory practice) The lender can ...

ACCT 211-Liberty University EXAM 1 Question and answers rated A+ ACCT 211-Liberty University EXAM 1 Importance of Accounting - correct answer Identifying, Recording, Communicating Users of Financial Information - correct answer 1. Internal 2. External Internal Users - correct answer Internal users of accounting information ARE directly involved in managing and operating an organization. External Users - correct answer External users of accounting information are NOT directly invol...

Clayton Act (1914) - Legislation which modified the Sherman Anti-Trust Act by prohibiting mergers & acquisitions that would lessen competition Clayton Act (1914) - This act also prohibited a single person from being a director of two or more competing corporations & restricts the use of injunctions against labor and legalized peaceful strike, picketing, and boycotts. Consumer Credit Protection Act (1968) - Congress expressed limits to the amount of wages that can be garnished or withheld i...

Acceleration Clause - correct answer 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) - correct answer Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - correct answer home valuation code of conduct Due on Demand Clause - correct answer (Considered a predatory practice) The lender can ...

According to the FCRA, when must a credit agency give a consumer a free copy of his credit report? A.)If the loan application is denied because of information in the report B.) Whenever he request it A.)If the loan application is denied because of information in the report A Consumer comes into your office to apply for a loan. The Home Mortgage Disclosure Act requires you to collect information about her race. If she does not wish to provide information for that section of the application, ...

OMIS 338 Question and answers verified to pass OMIS 350 - Exam 1 D. Greater emphasis on hierarchy and structure - correct answer All of the following are characteristics of twenty-first digital firms except: emphasis on decision-making based on data and analysis. of social media to enter into conversations with customers. er awareness of changes in technology, consumer attitudes, and culture. er emphasis on hierarchy and structure. r understanding of the importance of information ...

HRCI aPHR Certification Exam Questions & Answers 2023/2024 Professional Certification - ANSWER-based on work experience, education, and require re-certification Certificate Program - ANSWER-Does not require work experience, education, or re-certification The Clayton Act (1914) - ANSWER-prohibits mergers and acquisitions that would less competition, a single person cannot be a director of two or more competing corporations, and restricts use of injunctions against labor, and legalized ...