Author Question: What was the purpose of the Hope for Homeowners Act? A)To pay off mortgage loans for consumers on ... (Read 57 times)

Brittanyd9008 · **on:** Jun 24, 2018

What was the purpose of the Hope for Homeowners Act?
A)To pay off mortgage loans for consumers on their residences
B)To reduce the qualification requirements for obtaining a mortgage
C)To provide relief for jumbo mortgage holders
D)To allow restructuring and refinancing for underwater mortgages on residential properties

Question 2

Which of the following have not been changed by statute in many states?
A) Rule in Shelley's Case
B) Rule Against Perpetuities
C) Automatic termination of fee simple determinables
D) All of the above have been changed by state laws