The Secure and Fair Enforcement of the Mortgage Licensing Act of 2008:
A)?Requires mortgage lenders to be licensed
B)?Requires mortgage brokers to be registered or licensed.
C)?Eliminates all subprime lending practices on home mortgages.
D)?Regulates the foreclosure of subprime loans.
B
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A _____ is a loan from the Fed to a small agricultural bank.
A. federal credit discount loan B. secondary credit discount loan C. primary credit discount loan D. seasonal credit discount loan
Italy recently introduced the Reguzzoni-Versace Law which is intended to regulate trade in textiles, leather, and footwear. All of the following statements pertaining to the law are correct except:
A) at least four stages of production should occur in Italy for the product to be labeled as "Made in Italy." B) the countries in which the remaining production stages took place must be identified. C) Brussels objected on grounds that the law conflicts with restrictions provided by the European Union. D) EU regulators view the law as "protectionist." E) the law is more stringent than the existing laws where only one production stage has to occur in the country of origin.
For which of the following types of bonds is interest expense recognized each year even though no interest is paid?
A) debenture bonds B) zero-coupon bonds C) serial bonds D) mortgage bonds
Mumford’s skills model includes which of these main components?
A. technical skill B. conceptual skill C. individual attributes D. analytical ability