Which of the following is NOT a provision of the Truth in Lending Act (TILA) ?
A) lenders must disclose terms of a loan in understandable terms
B) charges that may be imposed for high-cost mortgages are regulated
C) real estate firms can be prosecuted for false advertising
D) consumers are given the right to cancel transactions involving a lien on consumer's principal dwelling
E) none of the above
Correct Answer:
Verified
Q19: The U.S. Department of Housing and Urban
Q20: The _ prohibits lenders from refusing to
Q21: Lenders must disclose to borrowers an _
Q22: Which of the following individuals can a
Q23: What was the intent of the Fair
Q25: A lender may deny a potential borrower
Q26: A lender must provide explicit reasons when
Q27: A lender may decline a credit application
Q28: The Interstate Land Sales Full Disclosure Act
Q29: Lenders in the urban real estate markets
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