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With Regard to Mortgages,the Consumer Finance Protection Bureau (CFPB)requires Mortgage

Question 39

Multiple Choice

With regard to mortgages,the Consumer Finance Protection Bureau (CFPB) requires mortgage servicers


A) to contact borrowers who are 36 days late in making a payment.
B) to wait 180 days after nonpayment before beginning foreclosure.
C) to credit payments within 3 days after they are received.
D) to extend delinquent borrowers additional time to repay the loan.

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