Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 11. which loans are not covered under hmda? a. com

11. Which loans are NOT covered under HMDA? a. Commercial loans b. Home improvement loans...

50.1K

Verified Solution

Question

Finance

11. Which loans are NOT covered under HMDA? a. Commercial loans b. Home improvement loans c. Home purchases for any residential dwelling d. Refinancing a loan previously covered under RESPA

15. HMDA a. Applies only to new purchase loans b. Establishes a quota for mortgage loans with a certain geographic area c. Identifies possible discriminatory lending patterns d. Prohibits lenders from considering an applicants religion

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

General Management
1.2K views

Describe how presentation delivery impacts your credibility. What are some things you plan to add to...

Accounting
1.2K views

Dylan Products has a budget of $1,200,000 in 2015 for prevention costs. If it decides to...

Biology
1.2K views

Excerpt from Bike Helmets Unused Lifesavers Consumer Reports May 1990 348 What is the central...

Biology
1.2K views

4 Some of the following steps are used in the acid fast Ziehl Neelsen staining...

Calculus
1.2K views

4 Use graphical methods to solve the following linear programming problem Minimize z 2x 3y...

Accounting
1.2K views

ow method to analyze costs. How much would Fulton pay if It made 12,500 coples?...

Accounting
1.2K views

a review of the accounting records of Walton Munoz Manufacturing...

Accounting
1.2K views

Looking for answers to part 2 Background Chet and Sandy Wilson saw a business opportunity....

Accounting
1.2K views

he following information is available for Pioneer Company: Sales price per unit is $80. November...

Finance
1.2K views

As of 2015, ranches were taxed at 14 percent for income up to $44,000; at...

Finance
1.2K views

(Payback period, NPV, PI, and IRR calculations) You are considering a project with an initial...

Finance
1.2K views

Calculation 1 Barry Computer Company: Balance Sheet as of December 31, 2018 (In Thousands) Cash...