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Jaspal Sandhu
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Decks in this class (34)
Real Estate Vocabulary
What is acceleration clause,
Active contingent,
Active under contract
93
cards
Chap 2: Home Equity Conversion Mortgage HECM
What is hecm,
Cap on hecm,
Hecm is similar to helow
8
cards
Chap 3 SAFE ACT
What is safe act,
License,
Do you need unique identifier
4
cards
Chap 7 Dodd Frank ACT
When dfa,
What is dfa,
Components of dodd frank act
13
cards
Chap 8 SAFE Act
Safe,
Safe act features,
Goal of safe act
5
cards
Chapter 9: Consumer Financial Protection Bureau
Cfpb
1
cards
Chapter 10 HUD
Hud,
Who runs hud,
Fha
20
cards
Chap 11: FHA
Fha,
Understanding fha,
Suspecting discrimination
3
cards
Chap 12: The Real Estate Settlement Procedure Act (RESPA)
Respa,
Respa 2,
Respa requirements
9
cards
Chap 13 The Equal Credit Opportunity Act
Ecoa,
Ecoa covers many types of credits...,
Special considerations
11
cards
chap 14: Additional Important Laws
The gramm leach bliliey act,
National housing act of 1934,
American recovery and reinvestmen...
3
cards
Chap 15 The Mortgage 1003 Mortgage Application Form
1003 mortgage application form,
1003 questions,
Who developed 1003
5
cards
Chap 16: Seller Financing
Seller financing,
How does seller financing work,
Negatives of seller financing
3
cards
Chap 17: Real Estate Closing
Consult real estate lawyer,
Escrow account,
Learn to negotiate
10
cards
Chapter 18: Home Appraisal
0
cards
Section 4 Lesson 6 Introduction to Gramm-Leach-Bliley
Glba,
Ftc,
Glba
25
cards
Section 4 Unit 2 Introduction to RESPA
Real estate settlement procedures...,
Respa insures,
Respa loan disclosures
23
cards
Section 4 Unit 2 Lesson 4 Right of Rescission
Right of rescision,
When rights of rescission apply,
Mlo compensation
6
cards
Section 4 Unit 3 The Tila-RESPA Integrated Rule (TRID)
Introduction to trid,
Trid is also referred as,
Trid includes
12
cards
Section 4 Unit 5 Federal Mortgage Related Laws and Regulations
Hmda,
More on hmda,
Exclusions
15
cards
Section 4 Unit 5 Lesson 3 Introduction to HOEPA
Hoepa,
Hoepa coverage,
What are the loans exempt from hoepa
4
cards
Section 4 Unit 5 Lesson 4 Introduction to Patriot Act
Patriot act requirements,
Anti money laundering programs,
What is cip
10
cards
Section 4 Unit 4 Federal Mortgage Laws and Regulations
Ecoa,
Who enforces the ecoa,
Prohibited practices based on ecoa
8
cards
Section 5 Conventional Conforming Mortgage Loans
Conventional mortgage loans,
Conventional vs conforming loans,
Conventional loans and ltv
80
cards
Section 6 Unit 1
The loan inquiry process,
Regulation z truth in lending tila,
3 categories of tolerance
6
cards
Section 7: Borrower Analysis: Assets
Housing ratio front end ratio,
Total debt income ratio back end ...,
Maximum housing payment to meet h...
13
cards
Section 8 Unit 1 Introduction to Mortgage Math
Annual interest amount,
Converting percentages into decimals,
Convert decimals into percentages
4
cards
Section 8 Unit 2
Down payment,
Sales price,
Interest only payment
15
cards
Section 8 Unit 3 Calculating Closing Costs
Monthly income based on hourly wages,
Bi weekly salary,
Semi monthly salary
17
cards
Section 9 Unit Closing Costs
Marketing title,
Title commitment,
The commitment notes the conditio...
22
cards
Welcome to Section 9, Unit 2: The Closing Agent and Process
Qualify as closing agent,
Settlement agent,
Permitted fees
27
cards
Section 9: Loan Closing Unit 3
Prepaid examples,
Depending on the seller buyer agr...,
Math of prorating
18
cards
Section 10: Unit 1
Violations of the gramm leach bli...,
Violations of the glba,
Kickbacks
61
cards
Practice Test
Respa,
How many months does a fico score...
20
cards
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