This topic contains a solution. Click here to go to the answer

Author Question: Under the TILA, a qualified mortgage (QM) A)limits up-front points and fees to 5 percent. B)limits ... (Read 292 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
Under the TILA, a qualified mortgage (QM)
 A)limits up-front points and fees to 5 percent.
 B)limits all of a borrower's debt to 43 percent of his or her income.
 C)allows balloon payments only if the borrower agrees up front.
 D)must allow for negative amortization.

Question 2

The Court of Justice is the final arbiter of EU law and consists of 15 justices, each appointed by the assembly for a term of six years.
  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

Tonny

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

FALSE





 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library