Nmls 2024 national exam - Study guides, Class notes & Summaries

NMLS Exam Practice QUESTIONS AND ANSWERS RATED A+ 2023|2024 UPDATE Which federal legislation requires that the lender perform an annual audit of the escrow acct balance and distributions in order to bring the acct within $50 of the actual balance based on the previous 12 months disbursements? - ANSWER-RESPA Which advertising practice is prohibited by TILA? - ANSWER-using the term "counselor" in reference to a for-profit lender According to the new FHA rules effective June 2013, mortgag...