Real Estate Practice : Lesson 1663

By
Education & Training with The Real Estate Mart of Tennessee, Inc. TN LIC# 290452

                                              #1663

Fee Packing is a predatory lending practice which imposes the practice of charging points and fees for processing a loan that are out of the ordinary and higher than normally charged.

These are fees that have no reason to be included in the processing of the loan.

Is this fact true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife

A. True

Posted by

 

 


David Saks


 

Earth

Content Protected © 2014  
Subscribe To David's Blog    
Add David as an Associate

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Groups:
Education
Tags:
theory and practice

Comments 0 New Comment

Rainmaker
1,178,030

David Saks

Memphis, Tennessee
ActiveRain Enriches Lives ! Question or Note ? Send It Here !
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Join ActiveRain


Legal Disclaimer:

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies

The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

Photos © & Licensed by Nova Development

Content Protected © 2014   


Subscribe To David's Blog    
Add David as an Associate

Before you even think about committing a real estate crime click the red button.
Real Estate Crimes

Free Meta Tag Tool for SEO

Meta Tag Analyzer