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This Chapter Quiz includes 15 multiple-choice questions. You must answer 10 out of 15 questions correctly (70%) in order to pass.

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1. A lender requires which of the following information from a borrower in order to prepare the loan estimate?

2. Creditors who violate the ECOA can be held liable in an individual lawsuit for up to...?

3. Lenders must carefully review their policies on a regular basis in order to avoid inadvertently discriminating against people. Inadvertent discrimination is called?

4. Which of the following cannot be used as a factor for making a credit decision?

5. The government has up to how many years to bring a claim for a RESPA violation?

6. Which of the following would not be considered an adverse credit decision under the ECOA?

7. Which is the following is not considered an adverse credit action?

8. If a lender pushes a borrower toward a particular neighborhood, the lender may be guilty of which prohibited act?

9. Which of the following is not a prohibited act under the ECOA?

10. For how many months must a lender keep the applicants records on file?

11. RESPA was enacted in which year?

12. The TILA-RESPA Integrated Disclosure Rule was enacted in which year?

13. Lenders may ask applicants about which of the following?

14. If a commercial applicant generates more than $1 million in revenue, and asks about an adverse credit decision, the lender must provide a response within how many days?

15. For applicants who generate more than $1 million in revenue, creditors must keep the records for how many days?