Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
What are the names of the 2 agencies that maintain NMLS&R?
|
1. Conference of State Bank Supervisors (CSBS)
2. AARMR - American Association of Residential Mortgage Regulators |
|
|
What are the 4 federal Banking Agencies?
|
1. Board of Goveners of the Federal Reserve System
2. OCC - Office of the Comptroller of Currency 3. NCUA - National Credit Union Administration 4. FDIC - Federal Depository Insurance Corporation |
|
|
What is a loan originator?
|
1. Takes residential mortgage loan application
2. Offers or negotiates terms of a residential mortgage loan for compensation or gain |
|
|
What things are required from license applicants?
|
1. Fingerprints
2. Personal history - work and address 3. Credit Report 4. Any felony in the past 7 years 5. Any financial felony EVER |
