An owner’s right to bring current any monetary or curable default stated in the notice of default (NOD) prior to five business days before the date of the sale is called ____

One of the primary purposes of the Real Estate Settlement Procedures Act (RESPA) is to ____

In the context of mortgage finance, a beneficiary statement is made ____

Compared to a loan insured by a government entity, a conventional loan has a ____

When the Federal Reserve (the Fed) increases the reserve requirements, referred to as tight money policy, it will ____

Which of the following is true regarding promissory notes?

Lenders use a debt-to-income ratio (DTI) to determine ____

In real estate financing, the acronym “PMI” means ____

The beneficiary of a trust deed is most likely a ____

The sale of property in which the amount of the net proceeds is less than the principal balance owed but is accepted by the lender in full satisfaction of the loan is called a (n) ____

Lenders use a debt-to-income ratio (DTI) to determine ____

A(n) ____provision in a trust deed allows future loans on the property to have priority.

The beneficiary of a trust deed is most likely a ____

The primary purpose behind the creation of the Federal National Mortgage Association (FNMA) was ____

The loan program that requires payment of mortgage insurance premiums (MIPs) and will make loan payments for up to six months if the borrower becomes involuntarily unemployed is called: