A New York file is paused during an annual compliance meeting because of records, reports, and required notices. Which statement clears the compliance question?
Correct Answer
A) Article 12-D defines a mortgage loan to include loans to natural persons for personal, family, or household use secured by New York residential real property, including cooperative stock and proprietary lease interests.
Article 12-D defines a mortgage loan to include loans to natural persons for personal, family, or household use secured by New York residential real property, including cooperative stock and proprietary lease interests.
Why This Is the Correct Answer
Article 12-D defines a mortgage loan to include loans to natural persons for personal, family, or household use secured by New York residential real property, including cooperative stock and proprietary lease interests.
More UST Questions
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