told him to come back after his divorce had been final for
three years, what is the best advice for the housing
counselor to provide to the client to report a violation to
ECOA?
Contact the Federal Trade Commission as the lender's
action might violate the Equal Credit Opportunity Act
,A question from a lender on the client's Medical History
would be inappropriate or appropriate?
Inappropriate
Who is responsible for educating home-buyers about their
rights?
Housing Counselor
,In order to minimize the impact on the client's credit score,
what is the maximum time frame within which the client
should apply for pre-approval from multiple lenders?
A 30-day period
What are the responsibilities of a home inspector?
Examine mechanical systems, Evaluate the condition of a
home, Identify items to be repaired or replaced
, Which is the best reason that a housing counselor would
suggest that a client speak to three to five different
lenders?
To compare loan estimates
Which is the best advice that a housing counselor can give
the client to protect against identity theft?
Review credit report at least once per year