1、To be in compliance with Regulation N, what would Everywhere You Are Financial need to do to advertise its ability to originate FHA streamline loans?

2、Pretend you are a loan originator working for Everywhere You Are Financial. You are considering offering an adjustable-rate mortgage loan to a client that is advertised as having a 2.5% introductory rate for the first year of the loan, after which the rate would adjust on an annual basis for the next seven years. In making this loan to the client, what would be prohibited under Regulation N to tell the client in regards to refinancing or modifying the loan?

3、List at least two advertising tactics Everywhere You Are Financial employed that violated Regulation N.

Answer rating: 100% (QA)

1 Every where You Are Financial would need to include a statement in its advertising that it is an F ... View the full answer