Which of the following considerations is prohibited when a mortgage loan ariginator is making a determination of a borrower's ability to repay a loan? A) Current debt obligations, including alimony and child support B) Funds to close C) Marital status D) FICO score

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
icon
Related questions
Question
Which of the following considerations is
prohibited when a mortgage loan ariginator is
making a determination of a borrower's ability to
repay a loan?
A) Current debt obligations, including alimony
and child support
B) Funds to close
C) Marital status
D) FICO score
Transcribed Image Text:Which of the following considerations is prohibited when a mortgage loan ariginator is making a determination of a borrower's ability to repay a loan? A) Current debt obligations, including alimony and child support B) Funds to close C) Marital status D) FICO score
AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning