The Utilization of a Non-Certified or Non-Licensed Appraiser in Connection

question 4

Multiple Choice

The utilization of a non-certified or non-licensed appraiser in connection with a federally related mortgage transaction can result in what fine for the first and subsequent violations:

• A) $25,000; $50,000
• B) $20,000; $40,000
• C) $30,000: $45,000
• D) $15,000; $30,000

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Definitions:

Mindfulness

A mental state achieved by focusing one’s awareness on the present moment while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Positive Psychology

A branch of psychology focused on the study of positive aspects of human life, such as happiness, well-being, and flourishing.

Behavioral Psychology

A branch of psychology focused on the study of observable behaviors and the processes behind them.

Cognitive Psychology

The study of mental processes such as "attention, language use, memory, perception, problem-solving, creativity, and thinking."