The customer-value hierarchy consists of the basic product, core benefit, expected product, augmented product, and the consumption system

For a loan secured by a first lien, a lender is required to give the RESPA Special Information Booklet to a prospective borrower in which of the following cases?

a. A room addition b. A construction loan c. A residential structure with 1 -4 units d. A speculative loan

An insurance broker is an agent of an insurer

Indicate whether the statement is true or false