Author Question: Under the MDIA, when must the Closing Disclosure be given? A)14 days after the mortgage application ... (Read 64 times)

joesmith1212

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Under the MDIA, when must the Closing Disclosure be given?
 A)14 days after the mortgage application
 B)The loan estimate is no longer required under the MDIA
 C)Three business days after the mortgage application
 D)Three business days prior to closing

Question 2

To my husband for life, then when my youngest child reaches age 21, to my children in equal shares. What interest do the children hold?
 A) Life estate
 B) Executory interest
 C) Fee simple defeasible
 D) Fee simple determinable



Kaytorgator

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Answer to Question 1

D

Answer to Question 2

B



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