Secondary liability - Study guides, Class notes & Summaries

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Class A/B Operator for Underground Storage Tank questions and answers The Class A and Class B certification must be renewed every: - 5 years UST financial responsibility requirements apply to what? - 600 gallon used oil tank Secondary Containment is required for what? - New UST Systems, Piping in contact with the ground, and Replacement UST A Class A operator shall maintain the records of UST site inspections for a *minimum* of: - 3 years New owners of an existing UST system shall regist...

Catalano Nursing Now 8th Edition Test Bank| Chapter 1-28| Complete Guide A+ Unit 1: The Growth of Nursing 1: The Development of a Profession 2: Historical Perspectives 3: Theories and Models of Nursing 4: The Process of Educating Nurses 5: The Evolution of Licensure, Certification, and Nursing Organizations Unit 2: Making the Transition to Professional 6: Ethics in Nursing 7: Bioethical Issues 8: Nursing Law and Liability 9: Reality Shock in the Workplace Unit 3: Leading and Managing 10: Leaders...

In-depth yet succinct revision notes of topics from all Commercial Law Lectures, comprising all relevant cases (key facts, decisions, rules) and relevant statutes, as well as some reference to journal articles and other secondary sources. Can be used for exam revision (multiple choice and/or problem/essay questions) as it contains sufficient information needed, or to accompany your coursework research for various topics in Commercial Law. (Please excuse any typos) Contents: Formation of A...

Responder safety Safe, quick clearance Prompt, reliable interoperable communications - Answer- Purpose of the strategic highway research program 2 national traffic incident management responder training program is to promote consistent training of all responders and achieve three objectives Drunk Drugged Drowsy Distracted Just plain dangerous - Answer- D drivers Secondary crashes - Answer- Those crashes that occur within the incident scene or within the queue or back up, including th...

HFMA: Healthcare Financial Management Association Exam (2024 / 2025) Questions and Verified Answers 1. Which of the following options is an alternative to valid long-term payment plans? ~ Answer: Bank loans 2. What type of plan restricts benefits for nonemergency care to approved providers only? ~ Answer: A PPO (preferred provider organization) plan 3. What does scheduling allow provider staff to do? ~ Answer: Review the appropriateness of the service requested 4. When an adult patient is covere...

TIPS Certification Study Guide (2022/2023) Rated A+ 3 Types of Illegal Alcohol Sales 1. Underage - guests under 21 2. Third Party - guests who are buying for someone underage 3. Visibly Intoxicated 2 Kinds of Law Covering Liability for Servers of Alcohol 1. Common Negligence Laws 2. Dram Shop Liability Laws Common Negligence Laws 1. Not specific to alcohol 2. Can involve illegal alcohol sales 3. Based on Court Cases 4. Sets a standard for what "reasonable person would do" 5. Every jurisdicti...

Test Bank for Fundamentals of Nursing, The Art and Science of Person-Centered Care, 10th Edition 10e Carol R. Taylor, Pamela B Lynn, Jennifer L Bartlett . ISBN 8155 Full Chapters test bank included Unit I Foundations of Thoughtful, Person-Centered Nursing Practice Chapter 1 Introduction to Nursing and Professional Formation HISTORICAL PERSPECTIVES ON NURSING Development of Nursing From Early Civilizations to the 16th Century Florence Nightingale and the Birth of Modern Nursing Devel...

Payroll Exam 6 Questions and Answers 100% Pass Do federal tax levies take a secondary priority to child support order wage withholdings in the garnishment process? True Is the payroll register used to gather information needed for journal entries that record wages earned, wage deductions, and net pay each payday? True Do computerized payroll systems still require manual posting of payroll journal entries to the general ledger? False Is the payroll register utilized by employers...