Ncs Or Policy Requirements - Action Plan

5 Questions | Total Attempts: 50

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Ncs Or Policy Requirements - Action Plan

This quiz will go over the OR Policy Requirements ACTION plan training that was presented on 4 February 2010.


Questions and Answers
  • 1. 
    Which of the following codes should be the last code shown on a prelim when an Alta Extended Owner's policy is requested?
    • A. 

      X/1

    • B. 

      L/7

    • C. 

      L/9

    • D. 

      X/2

    • E. 

      E/1

  • 2. 
    When issuing a prelim with a request for an Alta Extended Lender's Policy... what are the last 3 codes to be shown on the report? (Mark the 3 that apply)
    • A. 

      X/2

    • B. 

      L/9

    • C. 

      L/4

    • D. 

      X/6

    • E. 

      X/7

  • 3. 
    When issuing a commitment with a request for a Standard Owner's Policy WITH an Extended Lender's Policy - which preprinted lettered requirements need to be checked?  (Mark all that apply)
    • A. 

      H

    • B. 

      J

    • C. 

      M

    • D. 

      P

    • E. 

      R

  • 4. 
    If Eagle coverage is requested procedure for extended policies should be followed.
    • A. 

      True

    • B. 

      False

  • 5. 
    If no specific policy is requested - file should be backplanted so it can be verified with the customer.
    • A. 

      True

    • B. 

      False

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