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olya-2409 [2.1K]
3 years ago
10

Kristen's current credit score does not qualify her for a conforming conventional loan, but she is eager to purchase a house. Wh

ich lender practice would be the most likely indication of predatory lending? charging points to get a lower interest rate bundling unneeded life insurance premiums into the mortgage requiring a 20% down payment charging a one-point loan origination fee
Business
1 answer:
Over [174]3 years ago
3 0

A lender practice that would be an indication of predatory lending would be bundling unneeded life insurance premiums into the mortgage.

<h3>What is predatory lending?</h3>

This is a practice by some lenders where they loan money to people with low credit worthiness with the intention of making back a lot of money from charging those people outrageous interest rates.

When life insurance premiums that are unnecessary are added to the mortgage, it is done to increase the amount that Kristen will pay back. This is therefore predatory lending.

In conclusion, option B is correct.

Find out more on predatory lending at brainly.com/question/1821936.

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Creek Corporation had $210,000 of active income, $45,000 of portfolio income, and a $230,000 passive activity loss during the ye
Mekhanik [1.2K]

Answer:

given statement is false

Explanation:

given data

active income = $210,000

portfolio income = $45,000

passive activity loss = $230,000

deduct passive activity loss = $230,000

solution

as per Topic Passive Activities

we know that Losses and Credits in IRS state here that Loss from passive activity is not allowed for current year

and here this loss will be carry forward to the next taxable year

as a similar rule is applicable to give credits from passive activities

so that given statement is false

7 0
3 years ago
The authors of the textbook advocate using the dialectic approach to understand intercultural relationships. The dialectic appro
babymother [125]

Answer:

The statement is: False.

Explanation:

The dialectic approach is a method of communication that takes place when two individuals have a different point of view over a certain matter but wish to come to an understanding of the other's position by reasoned arguments. The dialectic approach combines the social, interpretive, and critical approaches.

5 0
3 years ago
If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

(a) the jobs produced during the period have been over-costed

(b) the jobs produced during the period have been under-costed

(c) the jobs produced during the period have been costed correctly

(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

7 0
3 years ago
Which view is used to enter data into an Access table by default?
oksano4ka [1.4K]
Datasheet hope this helps
3 0
3 years ago
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tyler smith founded a firm that has a subscription-based business model. although tyler has averaged 600 new subscribers per mon
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The number of subscribers that Tyler loses each month is referred to as churn.

The churn drill is a large drilling machine that bores huge diameter holes in the ground. In mining, they were used to drill into the gentle carbonate rocks of lead and zinc-hosted regions to extract bulk samples of the ore. Churn drills are also referred to as percussion drills as they function by lifting and losing a heavy chisel-like bit which breaks the rock as it falls. Churn drills are handiest in smooth- to medium-density rock of incredibly shallow intensity

Churn drills had been invented as early as 221 BC in Qin dynasty China,[1] capable of accomplishing an intensity of 1500 m. Churn drills in ancient China were built of wood and exertion-intensive but had been able to go through strong rock.

learn more about Churn here:  brainly.com/question/29218576

#SPJ4

5 0
2 years ago
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