tion. Under RESPA rules, the mortgage broker's uyers who need a mortgage loan. For every five referrals, the mortgage broker will enter the licensee's name in a drawing for a vaca request is A. a good...

19 and 20 I’m having trouble with. I was thinking 20 maybe was C. But unsure


Extracted text: tion. Under RESPA rules, the mortgage broker's uyers who need a mortgage loan. For every five referrals, the mortgage broker will enter the licensee's name in a drawing for a vaca request is A. a good business practice. В. an opportunity for the real estate licensee to pick up some extra cash. Dan illegal request. D. is permitted because the licensee doesn't actually receive a fee. 19. What is the effect of the lender's increasing the loan's interest rate just before closing A. The borrower has to pay it. B. Closing will be delayed. C. The borrower can choose to pay extra points. D. The real estate licensee is expected to pay the extra points. 20. The buyer has approached a lender for a mortgage loan to buy his first home. Until the lender pro- vides a Loan Estimate, which of the following may the lender charge this applicant? A. Appraisal fee B. Loan application fee C. Credit report fee D. All of these