A Washington quality-control reviewer reviews a renewal calendar about Washington prohibited practices include schemes defraud mislead before submission. Which answer is best supported?
Correct Answer
D) Washington prohibited practices include schemes to defraud or mislead, unfair or deceptive practices, obtaining property by fraud or misrepresentation, false or deceptive statements about rates/points/financing terms, and bait-and-switch advertising.
Washington prohibited practices include schemes to defraud or mislead, unfair or deceptive practices, obtaining property by fraud or misrepresentation, false or deceptive statements about rates/points/financing terms, and bait-and-switch advertising.
Why This Is the Correct Answer
Washington prohibited practices include schemes to defraud or mislead, unfair or deceptive practices, obtaining property by fraud or misrepresentation, false or deceptive statements about rates/points/financing terms, and bait-and-switch advertising.
More UST Questions
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a Texas compliance file raises an application and licensing qualifications question involving mortgage-loan originator services are not complete merely because an application is taken; compliance duties continue through origination, required. Which statement is supported by the state rule?
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