All categories

1 year ago

a mortgage professional can use any of the following techniques to detect fraudulent documents, except:

1 answer:

4 0

A mortgage professional can use any of the following techniques to detect fraudulent documents, except requiring that consumers provide only notarized supporting documentation.

A mortgage expert can spot forged paperwork using a variety of techniques. These include comparing the handwriting on an original application and any supporting papers, following the chain of custody for all verifications, and checking for watermarks and printed fraud protection patterns on pay stubs and bank statements.

A mortgage broker collaborates with all parties involved in the loan process, including the real estate agent, underwriter, and closing agent, to ensure that a borrower receives the best financing and that the loan closes on schedule.

A broker has the option of working alone or with a brokerage firm. For in-depth news, comment, and analysis, as well as market trends and business information, the industry frequently turns to MPA as a valuable resource.

To learn more about mortgages refer to:

brainly.com/question/13447700

#SPJ4

You might be interested in

A public health expert is writing a report on lead hazards for a widespread audience. any terms in the report that are unfamilia

Mariana [72]

That would be introduction.

5 0

2 years ago

On January 2, The Public Legal Clinic issued Check 2108 for $370 to establish a petty cash fund. Indicate how this transaction w

denis23 [38]

To create the petty cash fund, make the following journal entry: debit Petty cash fund account ($430), credit cash account ($430).

<h3>What is petty cash fund?</h3>

A petty cash fund's main objective is to give business units enough money to pay for small expenses. The purpose is to make it easier for staff workers and visitors to get reimbursed for little expenses like taxi rides, postage, office supplies, and other things that often don't cost more than $25.00.

The data can also come from of the petty cash fund. Add up all of the expenses that are mentioned on each petty cash vouchers in the petty cash fund. This sum should be deducted from the calculated cash withdrawal amount. The outcome ought to be 0. There is an excess of cash in the fund if there is a residual balance.

To know more about petty cash fund, visit:

brainly.com/question/29671797

#SPJ1

6 0

1 year ago

Suppose you deposit $2 comma 5002,500 cash into your checking account. By how much will checking deposits in the banking system

algol13

Answer:

The change in checking deposit is equal to $22,727.27.

Explanation:

An amount of $2,500 is deposited in a checking account.

The required reserve ratio is 0.11 or 11%.

A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.

The change in the checking deposits will be

= $\frac{1}{RR} \times$ amount deposited

= $\frac{1}{0.11}\times \$ 2,500$

= $22,727.27

3 0

2 years ago

Can you breifly explain why stockholders' investment and revenues increase stockholders' equity, while dividends and expenses de

Scilla [17]

From an accounting standpoint, stockholders' investment and revenues increase the assets of the company without adding to the liabilities. Therefore according to the equation (A = L + E), equity must increase.

Similarly, issuing dividends and paying expenses pays cash out of the company, which decreases assets without changing liabilities. Therefore equity must decrease.

Another way to think of it is: what contributes to the company's profit and/or value, and what decreases these things? Well, revenues and people investing in the company are good (and therefore good for stockholders), and giving cash out and paying expenses are costs to the company (and therefore decrease value for stockholders).

5 0

2 years ago

Describe one specific way that taxes impact businesses. Describe another way that taxes impact individuals.

adelina 88 [10]

Answer:

By influencing incentives, taxes can affect both supply and demand factors. Reducing marginal tax rates on wages and salaries, for example, can induce people to work more. Expanding the earned income tax credit can bring more low-skilled workers into the labor force.

I think it might help you

7 0

2 years ago