According to the 2007 interagency statement on subprime mortgage lending, what should an institution offering mortgage l
Posted: Tue Mar 08, 2022 10:43 am
According to the 2007 interagency statement on subprime mortgage lending, what should an institution offering mortgage loans to subprime borrowers provide before submission of an application?
A. Information on local residential real property values
B. Payment shock information
C. Truth in Lending disclosures
D. Initial escrow statements
A. Information on local residential real property values
B. Payment shock information
C. Truth in Lending disclosures
D. Initial escrow statements