Former President and Owner of Schuylkill Products Sentenced in Largest Disadvantaged Business Enterprise Fraud in Nation’s History U.S. Attorney’s Office June 30, 2014 Middle District of Pennsylvania (717) 221-4482 WASHINGTON—Joseph W. Nagle, 53, of Deerfield Beach, Florida and the former presid
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06/30/2014
Former Attorney Sentenced to Nearly Six Years in Prison for Bilking Investors of $2.8 Million U.S. Attorney’s Office June 27, 2014 Northern District of Alabama (205) 244-2001 BIRMINGHAM—A federal judge late Thursday sentenced a former Birmingham attorney to five years and 11 months in prison for
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06/30/2014
#2810 Credit report fees, loan origination fees and appraisal fees are all costs that show up in the loan's APR. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False Points paid by the loan borrower, mortgage insurance, interest on the loan, and t
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06/29/2014
#2809 When a portion of a borrower's monthly mortgage payment is held to be applied later towards property taxes and insurance the money will be held by a trustee. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Money held for property taxes and i
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06/29/2014
#2808 If the lender agrees to guarantee a specific interest rate for a specific period of time this is known as discounting the float. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. False If the lender agrees to guarantee a specific interest r
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06/29/2014
#2807 Fees that normally pay the overhead costs of a lender are the loan discount fees associated with the loan. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo. A. False Fees than pay the lender's overhead, or costs for administering the loan, are t
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06/29/2014
#2806 What factor is most likely to influence the demand for real estate ? A. Employment opportunities and the wage levels offered. If wages are low and the opportunity for employment is scarce, the demand for real estate becomes low. If the reverse is true the demand for real estate is high.
06/29/2014
#2805 When a lender takes a loan application the most important thing the lender is concerned with is the applicants employment history for the last 15 years. The applicants current housing expenses are of little interest. Is this true or false ? Take your time. The solution is posted below the
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06/29/2014
#2804 One of the best ways available to compare loan costs is to use a formula that examines the lender's yield. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False The best way to compare loan costs is comparing annual percentage rates.
06/29/2014
#2803 When an item is prorated at closing the item is considered the type of item which will not have to be paid for. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False When an item is prorated the item will be calculated as an expense b
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06/29/2014
