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

Decks in this class (12)

Federal Mortgage Related Laws
A loan contains a late payment pe...,
For the purpose of rescinding a l...,
Who must receive a notice of righ...
32  cards
General Mortgage Knowledge
The acronym pfc stands for,
The cost of funds index is tradit...,
A n ___ is a loan with an interes...
21  cards
Mortgage Loan Origination Activities
Your borrower does not wish to co...,
Which of the following pieces of ...,
Which of the following would not ...
18  cards
Ultimate Test
When an underwriter makes a deter...,
When should a borrower receive a ...,
What disclosure explains terminol...
28  cards
Minh's 50 question quiz
A person wanting a loan originato...,
All of the following are included...,
The homeowners protection act sta...
18  cards
Affinity Power points
If the application for credit is ...,
What regulations are discriminati...,
What regulations are disclosures ...
18  cards
Affinity Power Points #2
Affiliated business arrangement i...,
Lenders must perform escrow accou...,
At settlement what disclosure get...
16  cards
GMK General Terms
Conventional loans,
Conforming loan,
Encumbrance
14  cards
GMK Loan Terms
Short sale,
Deed in lieu of forclosure,
Amortization
12  cards
GMK Financial Terms
Promissory note aka the note,
Deed of trust trust deed,
Deed
13  cards
Safe and UST study tool
What is the safe act purposes,
Supervision by a state regulators...,
State supervisory authority inlcudes
15  cards
Safe and UST study tool #2
Definition of real estate,
Definition of real estate brokera...,
Definition of loan processor or u...
10  cards

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NMLS Training

  • Class purpose General learning

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