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Which regulation prohi - Study guides, Class notes & Summaries

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NMLS Exam Review 2022/2023 Latest Updated with Complete Solutions

  • NMLS Exam Review 2022/2023 Latest Updated with Complete Solutions

  • Exam (elaborations) • 3 pages • 2023
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    • What law deals with credit, APR, and advertising of consumer loans? - ANSWER-TILA/Regulation Z Which regulation prohibits kickbacks? - ANSWER-RESPA/Regulation X Which regulations requires the lender to cancel PMI when the loan reaches 78% LTV? - ANSWER-HPA/Homeowners Protection Act Which regulation prohibits fee splitting? - ANSWER-RESPA/Regulation X "X" is the letter used to describe which regulation? - ANSWER-RESPA RESPA is the acronym used to describe which law? - ANSWER-Real...
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