The Secure and Fair Enforcement of the Mortgage Licensing Act of ...

[Frost2351]

The Secure and Fair Enforcement of the Mortgage Licensing Act of 2008:
 A)Requires mortgage lenders to be licensed.
 B)Requires mortgage brokers to be registered or licensed.
 C)Eliminates all subprime lending practices on home mortgages.
 D)Regulates the foreclosure of subprime loans.

Question 2

To my wife for life, then to my children (grantor's will and grantor has died):
 A) Creates a contingent remainder in the children.
 B) Creates a vested remainder in the children.
 C) Makes the children's interest subject to the Rule Against Perpetuities.
 D) None of the above

[mbcrismon]

Answer to Question 1

B

Answer to Question 2

B

[Frost2351]

Thanks for the timely response, appreciate it

[sailorcrescent]

TYSM