Before the team acts on a servicing handoff check, a training manager must address Anti Steering Rules. Which response is most defensible?
Correct Answer
C) Document options offered to the consumer
Anti-steering rules restrict steering consumers to loans that increase compensation without being in the consumer interest. The best answer is "Document options offered to the consumer".
Why This Is the Correct Answer
Anti-steering rules restrict steering consumers to loans that increase compensation without being in the consumer interest. The best answer is "Document options offered to the consumer".
More Origination Questions
A disclosure specialist is resolving Income Calculation Methods during an internal audit sample. Which action best fits the rule?
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During a disclosure desk review, a policy analyst encounters an Income Calculation Self Employed issue. Which response should decide how the file should be documented?
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