PA-Title-Insurance-Agent 무료 덤프문제 온라인 액세스

Obtaining and recording releases of mortgages and reconveyances of trust deeds satisfied at closing is considered part of what process?

• A.disbursement
• B.pre-closing
• C.marketing
• D.post-closing

Coverage under a loan policy remains effective

• A.during the life of the owner.
• B.until the secured debt is satisfied.
• C.until the lender assigns the mortgage.
• D.until the property is sold.

According to the Fair Credit Reporting Act, an insurer needs to do all of the following, EXCEPT

• A.inform the applicant about the scope of an investigation.
• B.notify the applicant if an application is denied.
• C.inform the applicant that an investigation is being conducted.
• D.discuss any credit history inconsistencies with the applicant.

What must accompany the satisfaction piece when presented for recording?

• A.The final receipt
• B.The payment record
• C.The original mortgage instrument
• D.The certificate of title

A local bank holds a mortgage on a certain property. A national bank has purchased the loan from the local bank. The proper document to be recorded in the recorder's office to evidence the ownership of the mortgage by the national bank is referred to as

• A.a satisfaction.
• B.a subordination.
• C.a reconveyance.
• D.an assignment.