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

Author Question: Under the TILA, a qualified mortgage (QM) A)limits up-front points and fees to 5 percent. B)limits ... (Read 287 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


Haya94

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Jun 24, 2018
Thank you :)


Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Bobcat in the front yard of a residence in Southern California Bobcat in the front yard of a residence in Southern California
Most vehicles will be correctly positioned when the left front tire is centered on the tire pad. Most vehicles will be correctly positioned when the left front tire is centered on the tire pad.
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
How to solve any percent error problem How to solve any percent error problem
At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ... At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ...
Calculus help: Show that y has three points of inflection and they all lie on... Calculus help: Show that y has three points of inflection and they all lie on...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library