Mishandling and/or improperly managing a borrower’s funds is a practice prohibited by RESPA
- The Real Estate Settlement Procedures Act (RESPA) gives consumers more information about settlement expenses and lowers closing costs by doing away with kickbacks and referral fees.
- The RESPA Act was ratified in December 1974 and went into force on June 20 of the following year. RESPA bans sellers from requiring title insurance firms and forbids loan servicers from requesting unreasonably large escrow accounts.
- When bribes or other unethical activities took place during the settlement process, a plaintiff has up to one year to file a case to enforce violations. Mortgage loans for residential properties with one to four families are covered by the RESPA Act.
- The majority of these are loans for purchases, refinances, assumptions, loans for property improvements, and equity lines of credit.
Learn more about RESPA here brainly.com/question/28202570
#SPJ4.
Answer:
A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices
Explanation:
Culture is the normally acceptable social behaviour that is expected from someone in a group. It includes beliefs, knowledge, art, law, capabilities, and habits of the group.
The process by which the culture of a group is imbibed is through learning and socialisation.
The norm of a group is the acceptable way one is expected to behave in the group. Like the way one dresses and language.
A company's culture is expressed in the spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices.
A professional sports team that earns more annual revenue than a small-market team is a big market team. This is further explained below.
<h3>What is a big market team?</h3>
Generally, a big market team is simply defined as Playing for a "big market" team usually means getting a lot more attention than you would if you were on a "small market."
In conclusion, big-market sporting teams have yearly revenues that are higher than those of smaller teams.
Read more about the big market team
brainly.com/question/23061423
#SPJ1
Answer:
The recording label should increase the production and distribution of Here band
Explanation:
In the given question it is stated that the Music stores can markup to the price of $17.99 with continued strong sales against the listed price of $14.99.
Now,
The markup price is the extra amount that is over the cost of product or the service.
Thus,
Here, the Markup will further increase the profit by $17.99 - $14.99 = $3
Hence,
The recording label should increase the production and distribution of Here band
Answer:
a. Payment of interest on notes payable - Operating Activity
b. Exchange of land for patent - Non Cash investing activity
c. Sale of building at book value - Investing Activity
d. Payment of dividends - Financing Activity
e. Depreciation - Operating Activity
f. Receipt of interest on notes receivable - Operating Activity
g. Issuance of Capital Stock - Financing Activity
h. Amortization of patent - Operating Activity
i. Issuance of bonds for land - Non Cash investing activity
j. Purchase of land - Investing Activity
