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Xinnix SOAR Final Exam 2025 Questions and Answers
Xinnix SOAR Final Exam 2025 Questions and Answers
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Xinnix SOAR Final Exam 2025 Questions and Answers
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| Uploaded on: | September 14, 2025 |
| Last updated: | September 14, 2025 |
| Number of pages: | 79 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Xinnix SOAR Final Exam 2025 Questions and Answers |
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Xinnix SOAR Final Exam 2025 Questions and Answers FNMA and FHLMC are what type of loan? - --Answer --conforming the main purpose of the Consumer financial protection bureau (CFPB) is to help consumers understand the terms of their agreements with financial companies - -Answer --true conventional loans are not insured by the federal government - --Answer -- true Agency loans include FHA and VA loans - --Answer --true the proceeds of a loan for cash out refinance may be used by the borrower to insure a new pool - --Answer --true a non-agency loan does not have to conform to FNMA guidelines - -Answer --true FNMA insured mortgage companies against default - --Answer Fannie Mae purchased FHA loans from mortgage bankers - --Answer --false --true ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
