This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A lender has designated a raciallyintegrated neighborhood as one in which loans will be made for a ... (Read 24 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
A lender has designated a raciallyintegrated neighborhood as one in which loans will be made for a maximum of only 50 of the appraised value. The lender claims the area is highrisk and hence the 50 reduction is necessary to assure adequate loan security. Is the lender correct or has the lender committed an illegal act?

Question 2

A government survey description requires a reference to a guide meridian.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 24, 2018
Answer to Question 1

The lender cannot make a general designation of a bad area, but must review each application and appraisal on its own.

Answer to Question 2

FALSE


arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 24, 2018
:D TYSM

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

A hair is an array of many α-keratin filaments, made up of the substructures A hair is an array of many α-keratin filaments, made up of the substructures
“To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This “To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This
Attributed to Thomas Dennis or William Searle, Chest, made in Ipswich, Massachusetts. Attributed to Thomas Dennis or William Searle, Chest, made in Ipswich, Massachusetts.
A backpressure tool can be made by using an oxygen sensor housing and using epoxy or braze to hold ... A backpressure tool can be made by using an oxygen sensor housing and using epoxy or braze to hold ...
Beverages Made Over Better Beverages Made Over Better
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library