13-14A Program Under Which the Lender Essentially Performs the Underwriting

question 40

Multiple Choice

13-14.A program under which the lender essentially performs the underwriting program is:

• A) verifications of Indebtedness Program
• B) loan Processing Program
• C) direct Endorsement Program
• D) mortgage Banking Program

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Definitions:

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Superiority

The quality or state of being higher in rank, quality, or importance.

Parenting Style

The general approach and strategies adopted by parents in raising their children, including discipline methods and expressions of affection.

Permissive

Allowing or characterized by latitude of action or opinion; particularly in psychology, refers to a parenting or authoritative style that is lenient and flexible.