The better the credit rating of the borrower, the more the mortgage broker can make on placing the mortgage.
Correct Answer:
Verified
Q32: State laws dictate who has the authority
Q33: RESPA applies only to FHA mortgage loan
Q34: There are criminal penalties for violations of
Q35: Under RESPA currently, the RESPA disclosures are
Q36: The YSP need not be disclosed unless
Q38: Litigation by homebuilders against the federal government
Q39: Private suits by home buyers are used
Q40: The Uniform Settlement Statement is required for
Q41: Builders are prohibited from referring home buyers
Q42: There are no criminal penalties for violations
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