Multiple Choice
Fact Pattern 22-2
24-Hour Credit Corporation issues high-cost and high-fee mortgage products to people, including Benny, who could not easily obtain credit under other loan programs.
-Refer to Fact Pattern 22-2. Under federal law, disclosures with respect to one of 24-Hour Credit's loans must be provided
A) a certain number of days after the loan is finalized.
B) a certain number of days before the loan is finalized.
C) at the same time at which the loan is finalized.
D) at whatever time is most rational and appropriate.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Violet negotiates with Urban Credit Corporation to
Q9: Federal mortgage disclosure requirements apply to the
Q27: Sierra borrows $175,000 from Regional Home Finance
Q31: Hill & Dale Credit Corporation makes mortgage
Q34: A lender can make a higher-priced mortgage
Q35: Erin and Dooley,a married couple,borrow $120,000 from
Q39: A borrower has the right to purchase
Q41: Steering and targeting occur when a lender
Q56: Community Trust Bank provides Devlin with a
Q57: If a lender fails to provide certain