QUESTION: 74

Definition of completed application--12 CFR 202.2(f) is:

An application for which the bank has received all the information it regularly considers in evaluation, including credit reports, verifications, and so forth
The creditor must be reasonably diligent in collecting information to complete the application (for example, ordering credit bureau reports)
An inquiry becomes an application when the creditor evaluates information and decides to grant or decline the credit
Requests for written preapprovals to be issued by the lender are considered applications

Answer(s): A,B

Requirements--12 CFR 202.2, 202.4, 202.5, 202.6, and 202.13 say that a creditor may not request information about an application's race, color, religion, national origin, or gender except as specifically permitted by _or another statute such as the Home Mortgage Disclosure Act.

Regulation B
Regulation U
Regulation Z
Regulation A

Answer(s): A

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QUESTION: 75

Requirements--12 CFR 202.2, 202.4, 202.5, 202.6, and 202.13 say that a creditor may not request information about an application's race, color, religion, national origin, or gender except as specifically permitted by _or another statute such as the Home Mortgage Disclosure Act.

Regulation B
Regulation U
Regulation Z
Regulation A

Answer(s): A

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QUESTION: 75

Requirements--12 CFR 202.2, 202.4, 202.5, 202.6, and 202.13 say that a creditor may not request information about an application's race, color, religion, national origin, or gender except as specifically permitted by _or another statute such as the Home Mortgage Disclosure Act.

Regulation B
Regulation U
Regulation Z
Regulation A

Answer(s): A

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QUESTION: 74

QUESTION: 75

QUESTION: 75

QUESTION: 75

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