1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LuckyWell [14K]
3 years ago
7

Required by the Truth-in-Lending Act, the annual percentage rate (APR) is reported by the lender to the borrower on virtually al

l U.S. home mortgage loans. The APR accounts for all of the following EXCEPT:
A. All finance charges in connection with the loan, such as discount points, origination fees, and underwriting fees.
B. All compensation to the originating brokers if one was used by the borrower.
C. Any prepayment of principal to be made on the loan.
D. Premiums for required forms of insurance
Social Studies
1 answer:
juin [17]3 years ago
6 0

Answer:

C. Any prepayment of principal to be made on the loan

Explanation:

Required by the Truth-in-Lending Act, the annual percentage rate (APR) is reported by the lender to the borrower on virtually all U.S. home mortgage loans. The APR accounts for :

All finance charges in connection with the loan, such as discount points, origination fees, and underwriting fees; All compensation to the originating brokers if one was used by the borrower; Premiums for required forms of insurance except Any prepayment of principal to be made on the loan, Prepayment is a facility that helps you repay your housing loan if your have more than enough money before the end of your loan tenure and it helps to reduce interest burden.

You might be interested in
Which type of child abuse is most prevalent in the United States?
777dan777 [17]

The correct answer is B. Neglect

Explanation:

The term "child abuse" refers to any action or behavior that leads to child maltreatment in any way including psychological, psychical, sexual abuse and neglect. Additionally, child abuse is commonly linked to the context as in some cases there are cultural elements that promote it or prevent it as well as laws that act against child abuse and that also determine the type of child abuse that prevails more in a country. In the case of the United States, the type of child abuse that prevails is neglect as research indicate around a 78% percent of the children that suffer from child abuse experience neglect rather than physical, psychological or sexual abuse that are only part of lower percentages which means programs and laws to stop child abuse should be addressed to neglect. Therefore, the type of child abuse that is most prevalent in the United States is Neglect.

3 0
3 years ago
The distinction between normal and abnormal behavior is very clear and trained professionals can easily identify both types.
natta225 [31]
B.false false false false
4 0
3 years ago
In their 1961 paper on instinctive drift, the Brelands determined that three assumptions most Skinnerian behaviorists believed i
BartSMP [9]

Answer:

d) All of these were not true

Explanation:

All the options above were all questioned by the Brelands. Instinctive drift as coined by Keller and Marian Breland who were former students of B. F skinner, asserted that operant conditioning theory wasn't true after their work on instinctive drift. Instinctive drift, a direct opposition to the operation conditioning theory of Skinner since an animal could still revert to unconscious behaviour after learning under operant conditioning.

4 0
3 years ago
What is the most likely reason Persia gave economic control to Russia and Britain?
NARA [144]

Answer:It felt it had no choice because Russia and Britain were so powerful.

Explanation:

8 0
3 years ago
Read 2 more answers
How many people do you trust in this world and why? As for me I trust only God and myself.​
Zarrin [17]

Answer:

I trust those who have stuck with me through thick and thin.

Explanation:

Hope this helps ;)

5 0
3 years ago
Other questions:
  • A 16 letter word against the Constitution
    13·1 answer
  • Which of the following can destroy a monopoly?
    11·2 answers
  • What does the Group feature allow you to do?
    13·2 answers
  • If you see a fossil fish in a museum that is labeled one of the earliest fish known, what era is it probably from?
    13·1 answer
  • Which type of government action is part of fiscal policy?
    14·1 answer
  • Drake, a contractor, and Lonnie, a landowner, have a contract whereby Drake is to perform routine construction services accordin
    12·1 answer
  • Select ALL the correct answers.
    12·2 answers
  • In terms of geography, Mexico consists of a high plateau which sits between two mountain ranges. Which of the following statemen
    13·2 answers
  • What is the most important thing that happened in the persian war <br> also enjoy the quote
    9·1 answer
  • Do you think the government has a legitimate role in providing goods and services to consumers? Under what circumstances?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!