Nội dung tiểu bang thống nhất (SAFE)Câu 376 / 400
Which of the following is prohibited conduct for a mortgage loan originator under the SAFE Act's standards?
a.Disclosing the loan's annual percentage rate to the borrower
b.Providing the borrower with a written estimate of closing costs
c.Displaying the NMLS unique identifier on advertising
d.Making a false or deceptive statement or engaging in fraud in connection with a mortgage transaction
Giải thích
The SAFE Act and implementing rules prohibit MLOs from defrauding consumers, making false or misleading statements, or engaging in dishonest or unfair practices. Disclosing the APR, providing cost estimates, and displaying the unique identifier are proper and often required conduct, not prohibited acts.
Trích dẫn luật: SAFE ActLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which of the following activities would generally require an individual to hold a state MLO license?
- Which organizations jointly developed and maintain the Nationwide Multistate Licensing System (NMLS)?
- A state-licensed MLO changes employers, moving from one mortgage company to another. Regarding the NMLS unique identifier, the MLO:
- If a state regulator finds that a licensed MLO violated the SAFE Act or state law, which of the following disciplinary actions may the regulator generally impose?
- Under the SAFE Act, the term 'residential mortgage loan' generally refers to a loan that is:
- Of the 20 hours of required pre-licensing education, how many hours must cover federal law and regulations?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NMLS SAFE Mortgage Loan Originator National Test · Quy trình kiểm tra