January Images Quiz Pkt 1
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- 1.What is a document signed by a lender indicating the amount required to pay a loan balance in full and satisfy the debt; used in the settlement process to protect both the seller’s and the buyers interest?
- A.
Satisfactions
- B.
Payoff Documents
- C.
Debt Validation
- D.
Settlement Statement
- 2.Classify this image.
- A.
Collateral Miscellaneous
- B.
Loan Documents
- C.
Checklist
- D.
Closing Documents
- 3.Classify this image.
- A.
Loan Documents
- B.
Images to be Deleted
- C.
Collateral Miscellaneous
- D.
Settlement Statement
- 4.Classify this image.
- A.
Lock Confirmation
- B.
Disclosure Documents
- C.
ARM Documents
- D.
ARM Rider
- 5.Classify this image.
- A.
Borrower Authorization
- B.
Insurance
- C.
Hazard Insurance
- D.
Authorization others
- 6.What is the classification of Modified Plan for Bankruptcy?
- A.
Bankruptcy Miscellaneous
- B.
Bankruptcy Plan
- C.
Bankruptcy Amendments
- D.
Bankruptcy Notifications
- 7.Classify this image.
- A.
Loan Servicing Documents
- B.
Shipment Info
- C.
Cover Sheet
- D.
Loan Documents
- 8.Classify this image.
- A.
Settlement Statement
- B.
Broker Documents
- C.
Underwriting Documents
- D.
Truth in Lending
- 9.Classify this image
- A.
Attorney Correspondence
- B.
Attorney Consent form
- C.
Correspondence Miscellaneous
- D.
Borrower correspondence
- 10.Classify this image.
- A.
Privacy Policy
- B.
Title Commitment
- C.
Title Report
- D.
Default Correspondence
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