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.
Answer: A
You might also like to view...
Misrepresentations by an agent made with the intent to deceive a third person will:
A. make the agent liable to the third person. B. make the third person liable to the principal. C. absolve the principal of any liabilities toward the third person. D. make the principal liable to the agent and the third person.
Rosa introduces Sal to her friend Trey as “my associate.” Sal purports to act as Rosa’s agent in a business transaction with Trey. If Rosa is liable for Sal’s actions, it will be because their relationship is
A. a nullified agency. B. an agency by estoppel. C. an agency by operation of law. D. not an agency relationship.
Identify the infinitive phrase in the sentence. To have her family near is very important
Which of the following is an example of lateral communication?
A) Your supervisor sends you an email that lists your strengths and weaknesses. B) Three state senators discuss the pros and cons of passing new laws against hate crimes. C) The vice president of marketing prepares a report to share with the marketing representatives. D) You respond to an internal survey conducted by a colleague from another department. E) You prepare a year-end sales report for your supervisor's approval.