Institutions that offer nontraditional mortgage products should make sure they comply with the following, as applicable, EXCEPT:
A) Truth in Lending Act
B) FTC Act (i.e., Unfair and Deceptive Acts and Practices)
C) RESTA
D) State laws prohibiting deceptive trade practices
Correct Answer:
Verified
Q34: Supervisory review should also be the part
Q35: Below mentioned list shows the significant risks
Q36: Examples of unfair practices mentioned in guidelines
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Q40: Which of the following are recommended practices
Q41: Practice/s addressed in the guidance of OCC
Q42: OCC advisory on credit card practice-AL-2004-10 in
Q43: Under Consumer Leasing Act Enforcement-15 USC 1667d
Q44: _ requires that a statement of purpose
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