Search Procedure For Resale

12 Questions

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Parliamentary Procedure Quizzes & Trivia

How to process a file when the transaction type is shown as resale.


Questions and Answers
  • 1. 
    Do you recognize that this procedure will replace the existing work instructions and that our intent is to standardize?
    • A. 

      Yes

    • B. 

      No

  • 2. 
    Name 5 items that the screener is responsible for when reviewing an order?
  • 3. 
    What procedures are used to verify the title officer name?
    • A. 

      Screening and Title officer

    • B. 

      Examining and REO Conversion

    • C. 

      Screening and REO Selection Matrix

    • D. 

      All of the above

  • 4. 
    What is the role of the searcher when processing a file?
  • 5. 
    Name 5 items that the searcher is responsible for when reviewing an order.
  • 6. 
    Does the searcher write code on the write up sheet?
    • A. 

      Yes

    • B. 

      No

  • 7. 
    What is the role of the examiner?
  • 8. 
    Name 5 items the examiner is responsible for when reviewing an order?
  • 9. 
    What must the examiner do when reviewing the write up sheet?
  • 10. 
    What must the examiner do when reviewing the checklist?
  • 11. 
    How are schedule b exceptions shown on the write up sheet?
  • 12. 
    Where does the searcher and examiner get the legal description from?
    • A. 

      Quit Claim Deed

    • B. 

      Insured deed(s)

    • C. 

      Non-insured deed(s)

    • D. 

      Deed of Trust