The maximum amount that a lender can require for tax deposits in escrow is six months.
Correct Answer:
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Q41: Builders are prohibited from referring home buyers
Q42: There are no criminal penalties for violations
Q43: On loans that are locked in at
Q44: Buyers are not permitted to use a
Q45: The GFE does not require disclosure of
Q47: The Consumer Financial Protection Bureau has taken
Q48: POC costs need not be listed in
Q49: The lender must disclose at the time
Q50: All advance disclosure costs for consumer loans
Q51: A valid escrow closing must take place
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