A loan-originator transfer raises a question about advertising and consumer-protection controls. Which action should the training manager recommend?
Correct Answer
D) Use a valid changed circumstance before increasing a fee
TRID fee disclosures and tolerance categories govern estimates, revisions, and closing-cost comparison. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Use a valid changed circumstance before increasing a fee".
Why This Is the Correct Answer
TRID fee disclosures and tolerance categories govern estimates, revisions, and closing-cost comparison. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Use a valid changed circumstance before increasing a fee".
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