In analyzing a mortgage loan application, it is illegal for a lender to consider
A) job stability.
B) marital status.
C) income adequacy.
D) credit rating.
Correct Answer:
Verified
Q24: Regulation Z deals with annual percentage rates.
Q25: According to regulation Z, easy 11% mortgage
Q26: When advertising, a lender must disclose the
Q27: Truth-in-lending laws were created primarily to protect
Q28: Under the truth in lending act, the
Q30: The Truth in Lending Act covers credit
Q31: The Federal Equal Credit Opportunity Act protects
Q32: With regard to truth in lending laws,
Q33: The Fair Credit Reporting Act gives individuals
Q34: "Buy for less than $600 a month"
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