Which of the Following Closing Costs DO NOT Increase the Lender's

question 20

Multiple Choice

Which of the following closing costs DO NOT increase the lender's effective loan yield?

• A)Discount points
• B)Prepayment penalties
• C)Title insurance charges
• D)Origination fees

Master management by exception and its application in focusing on significant variances for managerial action.

Understand the concepts of direct material and direct labor variances including rate, efficiency, and quantity variances.

Identify and calculate variances related to direct material price and quantity.

Identify and calculate variances related to direct labor rate and efficiency.

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Definitions:

Terminated By Operation

Describes a condition or method by which something concludes automatically due to the existence of certain predetermined conditions.

Real Estate Broker

A real estate broker is a licensed professional who arranges real estate transactions by matching buyers and sellers, typically earning a commission for their services.

Undisclosed Principal

A person or entity that remains unknown to the third party in a contractual agreement, usually represented by an agent.

Disclosed Principal

In an agency relationship, a principal whose identity is known to the third party at the time of entering into a contract with the agent.