This class was created by Brainscape user Michael Shultz. Visit their profile to learn more about the creator.

Decks in this class (22)

Regulations
What does respa stand for respa i...,
Respa applies to what transactions 2,
What is the regulation that prohi...
3  cards
RESPA
If a seller requires the borrower...,
The lender can require how much t...,
What does section 8 of respa proh...
12  cards
Nontraditional Loans
How does the interagency guidance...
1  cards
Acronyms
Acronym aarmr 1,
Acronym fcra 2,
Acronym hmda 3
7  cards
TILA
What are the four disclosures tha...,
What are the pre settlement discl...,
What are the settlement disclosur...
11  cards
Practice
Which of the following determines...,
Which document advises the borrow...,
The primary purpose of tila is 3
23  cards
TRID
The lender has __ days after clos...,
A service transfer disclosure mus...
2  cards
HOEPA
The criteria for a high cost loan...,
Higher priced loans are ones in w...
2  cards
ECOA
How long does a lender have after...,
Under ecoa how long must the lend...
2  cards
HMDA
Hmda requires lenders to maintain...
1  cards
FCRA
Under the fcra how long can cras ...,
What is the purpose of the fair c...,
Under the fcra borrowers are enti...
3  cards
FACTA
What is facta 1,
What are the main things facta ac...
2  cards
HPA
What is the homeowner s protectio...,
Under the homeowners protection a...
2  cards
Ability To Repay and QM
What is the ability to repay rule...
1  cards
BSA
What is the purpose of the bank s...,
Under the bsa companies are requi...
2  cards
GLB
What s the purpose of th gramm le...,
What are the three principal part...
2  cards
Study Guide
Til disclosures include 4 1,
If there was an excessive varianc...,
On a loan with multiple co signer...
45  cards
SAFE Act
Loan originator organizations mus...,
How many times can an applicant t...,
Lo s must retake the nmls exam af...
3  cards
Loan Types
The minimum down payment on an fh...,
A va appraisal is known as a ___ 2,
What is the late fee for an fha o...
12  cards
Calculations
The employee makes 1000 a week wh...,
The employee works 37 hours a wee...,
The purchase price is 300 000 the...
3  cards
ProSchools
Safe act requirements apply to lo...,
The nmls was established by 2,
The transfer of title to real pro...
36  cards
Practice Exam 2
A 100 000 loan has a 1 000 monthl...,
If a provider offers both reduced...,
An fha loan is a loan that is 3
23  cards

More about
NMLS

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Michael Shultz's NMLS flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

NMLS
  • 41 decks
  • 767 flashcards
  • 102 learners
Decks: Respa Regulation X, Tila Regulation Z, Atr And Qm, And more!
NMLS
  • 9 decks
  • 192 flashcards
  • 1544 learners
Decks: Mortgages Defined, History Of Mortgages In The Us, The Primary Mortgage Market, And more!
NMLS Exam
  • 12 decks
  • 683 flashcards
  • 310 learners
Decks: Glossary, Nonconventional Loan Programs, Conventional Loan Programs, And more!
Kim NMLS
  • 13 decks
  • 2217 flashcards
  • 41 learners
Decks: Retrainer, Still Need Work Study, Still Need Work Question, And more!
Make Flashcards