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Free CRCM Exam Braindumps (page: 157)

Page 157 of 344
PDF with 463 Questions

Following institutions comes under the heading of :
· Institutions subject to the commodity Futures Trading Commission · The Federal Agriculture Mortgage Corporation or institutions charted and operating under the Farm credit Act
· Institutions charted by Congress to engage in securitizations, secondary market sales, or similar transactions, provided that the institution does not sell or transfer nonpublic personal information to nonaffiliated third parties

  1. Consumers
  2. The consumer obtains financial services only in isolated transactions, such as using an ATM
  3. Financial institutions
  4. The consumer's loan is sold and servicing rights are retained
  5. Non-financial institutions
  6. The consumer purchases airline tickets or travel insurance in an isolated transaction
  7. Regulatory authorities
  8. The consumer is a beneficiary or grantor of a trust not administrated by the bank

Answer(s): C,C



Following institutions comes under the heading of :
· Institutions subject to the commodity Futures Trading Commission · The Federal Agriculture Mortgage Corporation or institutions charted and operating under the Farm credit Act
· Institutions charted by Congress to engage in securitizations, secondary market sales, or similar transactions, provided that the institution does not sell or transfer nonpublic personal information to nonaffiliated third parties

  1. Consumers
  2. The consumer obtains financial services only in isolated transactions, such as using an ATM
  3. Financial institutions
  4. The consumer's loan is sold and servicing rights are retained
  5. Non-financial institutions
  6. The consumer purchases airline tickets or travel insurance in an isolated transaction
  7. Regulatory authorities
  8. The consumer is a beneficiary or grantor of a trust not administrated by the bank

Answer(s): C,C



Non public personal information under Regulation P includes:

  1. Personally unidentifiable financial information
  2. Any list or grouping of consumers that us derived using personally identifiable financial information that is not publicly available
  3. Federal state and local government records
  4. Both B and C

Answer(s): D



Non public personal information under Regulation P includes:

  1. Personally unidentifiable financial information
  2. Any list or grouping of consumers that us derived using personally identifiable financial information that is not publicly available
  3. Federal state and local government records
  4. Both B and C

Answer(s): D



Page 157 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
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LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
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Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
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Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote