11. A borrower seeking a conventional loan with a larger LTV…

11. A borrower seeking a conventional loan with a larger LTV than the traditional ratio is required to:  a. have a cosigner on the loan.                              b. make a 50% down payment.   c. be over the age of 55.   d. carry private mortgage insurance.

14. The Fair Credit Reporting Act:a. does not pertain to rea…

14. The Fair Credit Reporting Act:a. does not pertain to real estate transactions.b. does not pertain to unmarried individuals.c. requires credit reporting agencies to remove all adverse information over 7 years old except for     bankruptcies and foreclosures.d. does not pertain to collection accounts.

4. Mortgage-related securities:a. are easily bought and sold…

4. Mortgage-related securities:a. are easily bought and sold.                                                             b. are issued by participants in the secondary market.                       c. have real estate mortgages as their collateral.d. all of the above.