Under the provisions of the Truth in Lending Act (Regulation Z), the annual percentage rate (APR) includes all of the following components EXCEPT A. the discount points. B. the broker's commission. C. the loan origination fee. D. the loan interest rate.
Under the provisions of the Truth in Lending Act (Regulation Z), the annual percentage rate (APR) includes all of the following components EXCEPT A. the discount points. B. the broker's commission. C. the loan origination fee. D. the loan interest rate.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:meet the credit needs of the communities t
9. The inclusion of which of the following phrases
closure under the Truth in Lending Act (Regula
in a print advertisement would require full dis.
and
D. the major
VA-guaranteed loans.
tion Z)?
A. “Low monthly payments"
B. "FHA and VÀ loans available"
O'Easy financing terms"
D. "Pay off your loan in less than 15
years"
10. Under the provisions of the Truth in Lending
Act (Regulation Z), the annual percentage rate
(APR) includes all of the following components
EXCEPT
A. the discount points.
B. the broker's commission.
C. the loan origination fee.
D. the loan interest rate.
1. Which of the following
acts requires banks to
the
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