The Equal Credit Opportunity Act requires a lender to:
A) quote interest rates as annual percentage rates (APR)
B) disclose all closing costs
C) use a HUD approved uniform closing statement
D) not discriminate on the basis of race, creed, color, sex, origin, plus other protected categories
Correct Answer:
Verified
Q1: A type of financing instrument in which
Q2: A negative amortized ARM means:
A) it can
Q3: A real estate promissory note that reads
Q4: The Real Property Loan Law does not
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Q6: The successful bidder at a Trustee's Sale
Q8: Which of the following regarding a Trustee's
Q9: A lot is sold for $180,000, making
Q10: If a property had a net operating
Q11: An owner sells and the buyer takes
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