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A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. secondary market The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. Federal Housing Finance Agency (FHFA) The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. Gov't. National Mortgage Association - Ginnie Mae T...

TestBank for Auditing A Practical Approach, 4th Canadian Edition 4th Edition, Kindle Edition by Robyn Moroney , Fiona Campbell , Jane Hamilton , Valerie Warren TEST BANK for Auditing A Practical Approach, 4th Canadian Edition Moroney, Campbell, Warren S - The Marketplace to Buy and Sell your Study Material 2 Distribution of this document is illegal extra peP ra yeg ae r? A+ CHAPTER 1 INTRODUCTION AND OVERVIEW OF AUDIT AND ASSURANCE CHAPTER LEARNING OBJECTIVES 1. Define an assu...

NC BLET 2023 Crowd Management, Questions with accurate answers. Verified. A crowd is best described as..? - -several persons temporarily congregated in an area. Individuals assembled in a given area usually have no..? - -common bond other than their curiosity about an event. There are also planned crowd activities such as political rallies, sporting events, and parties. NCGS § 14-288.2 (a) Riot; inciting a riot defines a riot (crowd) as..? - -"A public disturbance involving an assem...

Xinnix Ground School Mortgage Final Exam Questions and Answers 100% Pass On an FHA loan the upfront MIP should be included when calculating cash-to-close. False The borrower must have 5% of their own funds when putting 15% down on a primary residence. (FNMA) False A 3-Year ARM adjusts every 3 years True A Loan Officer can locate the summary of the eligibility requirements for a loan to be sold to a specific lender/investor in the lender specs. False A HELOC loan has an interest only payment ...

AHIP Exam Questions and Answer You are mailing invitations to new Medicare beneficiaries for a marketing event. You want an idea of how many people to expect, so you would like to request RSVPs. What should you keep in mind? Correct Answer: ou may request RSVPs, but you are not permitted to require contact information. Mr. Wu is eligible for Medicare. He has limited financial resources but failed to qualify for the Part D low-income subsidy. Where might he turn for help with his presc...

NMLS Test Exam Questions with Correct Answers (Rated A+) How long are Loan Estimate terms available? - Answer-10 business days What if the changed circumstance causes third party charges subject to a cumulative 10% tolerance to increase? - Answer-creditor must send a revised Loan Estimate and refund excess money within 60 days Are there any restrictions on how many days before consummation a revised Loan Estimate may be provided? - Answer-- receives revised LE at least 4 business days b...

After the borrower submits a complete loan application, the LE must be delivered or placed in the mail within how many days? - 3 business days A program description contains the summary of eligibility requirements for a loan to be sold to a specific lender/investor. - True A borrower purchased a home on January 15th and is moving in on March 2nd. How many days from purchase to move in? (For non-leap years only) - 46 days 1. Gross rent may be considered effective income when an applicant is...

NMLS Test Outline Questions and Answers Already Passed RESPA disclosures? due dates? 3 days after application: Home loan tool kit Loan estimate List of HUD counselors Mortgage Servicing Disclosure Statement Know before you owe booklet Special Info Booklet 3 days before consummation: Initial Closing Disclosure AfBA disclosure At consummation: Final Closing Disclosure Initial Escrow Statement (45 days after closing) After closing: Annual Escrow Statement Servicing Transfer Statement (sen...

WGU CIW Site Development Associate Exam Questions and Answers Latest Updated (100% VERIFIED) Cascading Style Sheets (CSS) - ️️A technology that allows greater style definition and formatting control of HTML elements. Formatting can be placed within the HTML or called remotely from an external style sheet. 2. cloud computing - ️️Software, infrastructure and platform services that are hosted by a remote data center and provided to organizations or individuals over the Internet. 3. D...

Samenvatting le Français des affaires 2, tweede jaar Karel de Grote Hogeschool. Docent: Vincent Reca.

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - CORRECT ANSWER-D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the...