Which of the following fair lending laws was created to fight predatory lending practices:
A) Equal Credit Opportunity Act.
B) Community Reinvestment Act
C) Home Mortgage Disclosure Act.
D) Home Ownership and Equity Protection Act.
E) Real Estate Settlement Procedures Act.
Correct Answer:
Verified
Q3: An FHA mortgage is insured, but not
Q4: Under a reverse annuity mortgage:
A)the homeowner receives
Q4: The person who lends the money for
Q6: Under the modern view of mortgages, the
Q7: It is possible that a mechanic's lien
Q8: The law of mortgages governs cases where
Q10: Under the federal Truth in Lending Act,
Q12: A sale of property where the mortgage
Q13: In many states, a mortgagor in default
Q17: Lenders prefer nonnegotiable notes because the eventual
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