According to FDIC Guidance on Spousal Signature Provisions, if the creditor requires the spouse's signature on an instrument that imposes personal liability, the creditor's belief should be:
A) Supported by a thorough review of pertinent statutes, decisional law, or an opinion of the state's attorney general
B) Supported by a thorough review of pertinent statutes
C) Supported by decisional law
D) Supported by an opinion of the state's attorney general
Correct Answer:
Verified
Q81: First National Bank is a member of
Q82: Legislation was recently enacted to reform consumer
Q83: When developing a training plan for commercial
Q84: A bank's president would like to begin
Q85: During a recent compliance examination, regulators cited
Q87: Second State Bank offers a mortgage product
Q88: ABC National Bank regularly purchases mortgage loans
Q89: On which of the following adjustable-rate loans
Q90: Creditors must retain for 25 months after
Q91: According to the 2007 interagency statement on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents