Redlining - Study guides, Class notes & Summaries

Champions School Of Real Estate Finance 2024 Tested And Verified Seller's market - CORRECT ANSWER-When supply is low and demand is high Buyer's market - CORRECT ANSWER-When supply is high and demand is low The process of creating a new mortgage loan - CORRECT ANSWER-Origination The detailed process of evaluating a borrower's loan application to determine the risk involved for the lender - CORRECT ANSWER-Underwriting When there is an excess of money supply in the market - CORRECT ANSWER...

Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. - ANSWER - Origination activities The process of evaluating a borrower's loan application to determine the risk involved for the lender is - ANSWER - Underwriting Which of the ...

When is a new Property Manager required to complete their required CE hours by? - Oct 31st / 2nd renewal date When a property manager decides to not offer their services predominately in a Jewish area of town, this illegal practice is called ? - Redlining Management personnel who reside at the property are called ? - Site Managers When is the move-in condition report NOT required ? - When there is no security deposit collected law 70-25-206 How long after having received notice does a ten...

When is a new Property Manager required to complete their required CE hours by? - Answer-Oct 31st / 2nd renewal date When a property manager decides to not offer their services predominately in a Jewish area of town, this illegal practice is called ? - Answer-Redlining Management personnel who reside at the property are called ? - Answer-Site Managers When is the move-in condition report NOT required ? - Answer-When there is no security deposit collected law 70-25-206 How long after havi...

Colibri Real Estate (Real Estate Express) Final Exam Review (UPDATED) Fully Solved Assured A+. Broker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees who was recently killed in an auto accident. The deceased licensee had earned the commission prior to his death. C) Jane paid a commission p...

45 Hour Post License Florida Exam with veried questions & 100% correct answers latest 2024 update graded A+ The __________ prohibits discrimination based on race in the purchase, sale, or lease of real property. - ANSWER>>>Civil Rights Act of 1866 Fair housing laws prohibit ______, ________, and _________. - ANSWER>>>Steering or Channeling, Blockbusting, Redlining absentee owners - ANSWER>>>owners who buy income property as investments and depend on professionals to...

Deed Restrictions - Answer- Legally enforceable terms that govern the use of real estate Redlining - Answer- The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 - Answer- Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental piece of legislation, which pr...

Which of the following is usually the most significant source of bank income? - Answer- Lending Function Which of the following loans is normally unsecured? - Answer- Credit Card At what stage in the lending process do banks obtain and evaluate all available information to determine creditworthiness? - Answer- Investigation Discrimination against prospective borrowers because of where they live is know as: - Answer- Redlining A loan that is not guaranteed by any type of collateral is...

HUD Certification Exam with complete solution 2023Deed Restrictions Legally enforceable terms that govern the use of real estate Redlining The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental...

CONTRACTS - Aleatory Contract correct answers A contract in which the performance of either party's obligation depends on an uncertain event INSURANCE - Benchmark Rate(s) correct answers The rate set annually by the Commissioner of Insurance by line, relative to which the flexibility bands and statutory rate limitations apply. INSURANCE - Churning correct answers Can occur when an agent persuades a consumer to borrow against an existing life insurance policy to pay the premium on a new on...