A lender's failure to comply with federal mortgage disclosure requirements extends the borrower's right to rescind the loan to no more than seven days.
Correct Answer:
Verified
Q2: If a homeowner defaults,the lender has the
Q3: With an adjustable-rate mortgage,the rate of interest
Q4: Federal mortgage disclosure requirements apply to the
Q5: The loan that a lender provides to
Q6: Steering and targeting occur when a lender
Q7: Foreclosure is the postponement,for a limited time,of
Q8: For most purposes,a mortgage assignee of a
Q9: Home equity is the portion of a
Q10: Due to a lower default rate,lenders charge
Q11: In a judicial foreclosure,the lender is allowed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents