What is the purpose of the Troubled Asset Relief Program (TARP)?
A)?To provide subsidies to homeowners with mortgages that exceed 31% of their monthly income for payments
B)?To place Fannie Mae into a conservatorship
C)?To buy up assets in foreclosure and unfreeze the credit markets
D)?To eliminate subprime lending
C
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No-fault insurance typically provides benefits for essential services expenses.
a. true b. false
A salesperson wishes to advertise property owned by the licensee and which is not listed with a broker. The salesperson's supervising broker has been notifies in writing and has given his or her written consent. May the salesperson advertise the property?
A. Yes, provided a disclosure is included that the "seller holds a real estate license". B. Yes, provided the property is listed with the supervising broker. C. No, because all advertising must be in the name of the broker who holds the salesperson's license. D. No, because this type of advertising would be considered a "blind ad".