Mlo exam review Study guides, Class notes & Summaries

Mammography registry review Question Bank Already Passed The portion of the breast that is excluded during the performance of the CC projection is: A. Medial B. Anterior and central C. Inferior D. Posterior and superior tissue D. Posterior and superior tissue The portion of the breast that is excluded during the performance of the MLO projection is: A. Medial B. Posterior and superior C. Inferior D. Anterior and central A. Medial Fibrous membranes that sheathe but support the lobes of t...

SAFE Act- the secure and fair enforcement for mortgage licensing Act Designed to enhance consumer protection and reduce fraud by establishing minimum standards for licensing and registration of MLOs Conference of State Bank Supervisors (CSBS) National organization founded to further advance the ideas and professionalism for state banking departments; acts as single voice to congress for state banks and serves as a connection between state and federal regulators The American Assoc...

Regulatory power - ANSWER-The SAFE Act gave the power to each state to license companies and MLO's as well as audit, investigate, fine, or suspend if the state feels the consumer is at risk Creation and purpose of the NMLS Registry - ANSWER-Nationwide Multistate Licensing System & RegistryThe NMLS is a registration system that was developed and maintained by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR). The CSBS and t...

ARDMS Breast Registry Review Ch. 4 Exam Questions And Answers (Verified And Updated) What are the American Cancer Society's guidlines for frequency and age for self exam, clinical exam, and mammography? - answerBreast Self-Examinations (BSE) - Monthly by women of all ages. Clinical Breast Examination - Every 3 years for women 20-40, Every year for women over 40 Mammography - Baseline for women 35-40, After 40-one per year A prominent area of glandular tissue that is easily palpated. Oft...

NMLS: Safe Exam COMPLETE SOLUTION ( A+ GRADED 100% VERIFIED) What's a straw buyer? - ANS The real buyer will use the straw buyers name and qualifying information on the mortgage application to mask the actual buyers intent to purchase the property. Regardless of reduced documentation loans, what totes the MLO need? - ANS Verification of Employment (VOE), Credit Report Review, Appraisal Prepayment penalties are allowed on fixed rate QM loans that are not higher priced if what following ...

NMLS Questions with accurate answers, 2022/2023 updates, Graded A. Document Content and Description Below NMLS Questions with accurate answers, 2022/2023 updates, Graded A. Acceleration Clause - Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed a s 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) Appraiser Independance Requirements replaced HVC...

MLO TEST PREP 2024/25. Exam Review Questions and answers, VERIFIED. What's the penalty for vioalting ECOA? - -$10,000 fine At what age is an individual considered elderly according to the ECOA? - - What does RESPA stand for? - -Real Estate Settlement Procedures Act Whats the penalty for violating RESPA? - -$10,000 fine + 1 year jail time What's the penalty for violating the DNC - -$43,280 What is the penalty for violating FCRA? -

Taking advantage of ill-informed consumers through excessively high fees, misrepresented loan terms, frequent refinancing that does not benefit the borrower and other prohibited acts is called __________________________. - Answer-Predatory Lending. RESPA-Real Estate Settlement Procedures Act - Answer-The Federal Statute that deals with the settlement of residential mortgage loans. RESPA's section 9 Prohibits - Answer-Home sellers from requiring home buyers to purchase title insurance from...

ARDMS Breast Registry Review Exam 503 Questions with Verified Answers Artifact - CORRECT ANSWER An echo feature present or absent in a sonographic image that does not correspond to the presence or absence of a real structure. Eg. enhancement or shadowing. Attenuation - CORRECT ANSWER The reduction of intensity (and amplitude) of a sound wave as it travels through a material. Attenuation is due to absorption, reflection, and scattering. Complex - CORRECT ANSWER A structure in the body ...