changes that can be made to the hud 1 good faith estimate

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Answer 1

HUD-1 Good Faith Estimate is a standardized form that lenders are required to provide to borrowers when they apply for a mortgage. It includes an itemized list of all the fees and costs associated with the loan.

The following are changes that can be made to the HUD-1 Good Faith Estimate:

1. Adjustments for changes in loan terms or rate: If the loan terms or rate change, the lender must provide a revised GFE at least three business days before closing.

2. Changes in settlement charges: If there is an increase in settlement charges beyond the tolerance levels listed in the GFE, the lender must provide a revised GFE at least three business days before closing.

3. Refunds for overpayments: If the final settlement costs are less than the GFE, the borrower is entitled to a refund of the difference.

4. Revisions due to borrower request: If the borrower requests a change in the loan terms or settlement charges, the lender must provide a revised GFE.

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Related Questions

the oratorio was a replacement for what secular genre during the holy season?

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The oratorio was a replacement for opera during the holy season.

During the holy season, particularly in Christian traditions, performances of secular music such as opera were deemed inappropriate due to their often dramatic or worldly subject matter. To provide a suitable alternative for musical entertainment during this period, the oratorio emerged as a popular genre.

The oratorio, a large-scale musical composition, typically based on a religious or biblical theme, became a favored form of musical expression during the holy season. It provided a way to convey religious messages and stories through music and vocal performances without the theatrical elements associated with opera. Oratorios often featured soloists, a choir, and an orchestra, combining vocal and instrumental elements to create a powerful and emotional musical experience.

Oratorios became particularly prominent during the Baroque era, with composers like Handel, Bach, and Haydn creating notable works in this genre. These compositions allowed for the exploration of sacred narratives and spiritual themes, providing a spiritual and devotional experience for audiences during the holy season.

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hitler forces the anschluss (union) of austria and germany. true or false

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The given statement "Hitler forces the Anschluss (union) of Austria and Germany." is true.

Adolf Hitler, the leader of Nazi Germany, forced the Anschluss (union) of Austria and Germany. The Anschluss took place on March 12, 1938, when German troops crossed the border into Austria and annexed the country, incorporating it into the German Reich. Hitler's goal was to unite all German-speaking people under one nation, which violated the Treaty of Versailles and other international agreements.

Hitler's forces applied various tactics to ensure the success of the Anschluss. They exerted political pressure, supported by Nazi sympathizers within Austria, to create a favorable environment for the union.

Additionally, German troops were mobilized at the Austrian border, creating a show of force that intimidated the Austrian government and prevented any significant resistance.

Following the Anschluss, Austria lost its sovereignty and became part of Nazi Germany. The integration of Austria into the German Reich marked a significant step in Hitler's expansionist ambitions and the eventual outbreak of World War II.

It is important to note that the Anschluss was a forced annexation and did not reflect the genuine will of the Austrian people. The event had far-reaching consequences for both Austria and the international political landscape, setting the stage for further aggression by Nazi Germany and the eventual atrocities committed during the war.

So, the given statement is true.

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requests to perform research studies are considered by which hospital group?
a. Board of Directors
b. Medical Record Committee
c. Administration
d. Institutional Review Board

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The group that considers requests to perform research studies in a hospital is the Institutional Review Board (IRB). So, option d is correct.

It is a committee tasked with reviewing, approving, and monitoring biomedical and behavioral research that involves humans. They are responsible for ensuring that the study meets specific ethical and regulatory standards. In the United States, the IRB system has been a requirement since 1974 when the National Research Act was established.

To make the process of reviewing research proposals more efficient and less cumbersome, many hospitals and academic institutions have established their own IRBs. The primary role of the IRB is to ensure that the rights, safety, and well-being of human research participants are protected.

The IRB is made up of various professionals, including scientists, physicians, nurses, and community members. It is tasked with determining if a study is ethical, scientifically valid, and safe to conduct, and it decides whether or not to approve the study, request changes, or deny the request altogether.

In conclusion, the Institutional Review Board is the group that considers requests to perform research studies in a hospital. They play a crucial role in ensuring that human research subjects are treated with respect and dignity and that research is conducted in a manner that is ethical, safe, and scientifically valid.

So, option d is correct.

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what is an important difference between utilitarianism and ethical egoism?

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An important difference between utilitarianism and ethical egoism is their focus on different principles of moral decision-making.

Utilitarianism is a consequentialist ethical theory that focuses on maximizing overall happiness or utility for the greatest number of people. It suggests that the right action is the one that produces the greatest amount of happiness or the least amount of suffering for the majority. Utilitarianism prioritizes the well-being of others and emphasizes the importance of considering the consequences of our actions on society as a whole.

On the other hand, ethical egoism is a normative ethical theory that prioritizes self-interest and personal happiness. It suggests that individuals should act in a way that maximizes their own well-being, even if it means disregarding the well-being of others. Ethical egoism argues that individuals have a moral obligation to pursue their own self-interest and that acting in this manner will ultimately lead to the greatest overall happiness.

The main difference between utilitarianism and ethical egoism lies in their respective emphasis on the well-being of others versus the well-being of the individual. Utilitarianism focuses on the collective welfare, seeking to maximize overall happiness for the majority, while ethical egoism prioritizes personal happiness and self-interest. While both theories consider happiness as a key factor, utilitarianism takes into account the happiness of all individuals, whereas ethical egoism places primary importance on the happiness of the individual.

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germany, sweden and denmark are countries with a democratic corporatist media model. true or false

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The statement "Germany, Sweden, and Denmark are countries with a democratic corporatist media model" is True.

The Democratic Corporatist media model is a hybrid system that incorporates both the pluralist and polarized models of the media. This model emphasizes independent and impartial reporting by media corporations, but it also allows for the government to have a significant role in regulating the media's operations.

It is referred to as corporatist because it encourages a strong relationship between media owners, government, and labor groups. The media systems in Germany, Sweden, and Denmark are typically recognized as democratic corporatist, as they are based on the principles of independent and impartial reporting, as well as a government regulatory framework.

It gives people the information they need to make their own decisions. Practices like publishing reports, agendas, and threats, reporting on political, social, and economic decisions, and shedding light on public opinion are all part of the monitorial role.

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to answer the question below, browse the home section in the culturegrams™. what is the story behind the emblem of switzerland's flag?

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The story behind the emblem of Switzerland's flag is as follows: the white cross on a red field was first adopted by the Swiss Confederation in the 14th century.

The design is said to have been inspired by the Swiss soldier, Henry of Hohensax, who was killed by an Austrian enemy with a white cross on his clothing, which showed up clearly on his bloodied white uniform. The white cross became a symbol of Swiss independence, and the Swiss flag was officially recognized as the national flag of Switzerland in 1848. The emblem on the flag represents the Christian faith, which is one of the founding principles of the Swiss Confederation.

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in the chinese culture priests made these to communicate with the gods. (True or False)

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The given statement, "In the Chinese culture, priests made oracle bones to communicate with the Gods," is true because the Chinese indeed used them as tools to communicate with the Gods.

Oracle bones are inscribed animal bones or turtle shells that are used in Chinese history for divination. These bones are used as a medium of communication between people and the gods.

Shang Dynasty, which existed from 1600 to 1046 BCE, is the period in which these oracle bones were used. The diviners would heat up these bones with metal rods, making cracks on the surface of the bones.

These cracks would be interpreted as responses from the gods. The diviners would then record the questions and the answers on the bones which would be used to plan for the future and for guidance.

The correct question is -

In the Chinese culture, priests made oracle bones to communicate with the Gods - True / False.

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how many days do you have to make a decision on a request to amend an individual's phi?

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Under HIPAA regulations, The covered entity should respond to the request within 60 days from the date of receipt of the request to amend the protected health information of an individual.

The basic role of HIPAA is to lay out public norms for the security and protection of PHI to guarantee the secrecy, uprightness, and accessibility of PHI. In addition, HIPAA grants individuals access to their records and establishes guidelines for the use and disclosure of PHI.

The covered entity is required to extend the time limit by another 30 days, but they need to notify the individual in writing, within 60 days of receipt of the request, of the extension and the reason for the delay.

PHI stands for Protected Health Information. It includes any individually identifiable health information that is transmitted or maintained by a covered entity or business associate in any form or medium.

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Which of the following measures of retention is the least sensitive in triggering retrieval?
A. recall
B. recognition
C. relearning
D. they are equally sensitive

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The measure of retention which is least sensitive in triggering retrieval is recognition (B).

What is retention?Retention is the process of retaining, keeping, or holding on to something. It refers to the process of storing and holding information or knowledge for future use.What is recognition?Recognition is a way of identifying or detecting something by recognizing its characteristics or features.

Recognition is a method of memory retrieval that involves the identification of previously learned information when it is presented again.The three types of measures of retention include recall, recognition, and relearning. Recall is the ability to remember information with little or no cues or prompts. Recognition is the ability to identify information when presented with cues or prompts, and relearning is the amount of time it takes to learn previously learned information.However, among these three measures of retention, recognition is the least sensitive in triggering retrieval. Therefore, option B, recognition, is the correct answer.

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The correct answer is B. recognition.

Recognition is the least sensitive measure of retention in triggering retrieval compared to recall and relearning.

Recall refers to the process of retrieving information from memory without any cues or prompts. It requires individuals to actively generate information based on their memory. Recall tasks, such as open-ended questions or essay writing, require a higher level of retrieval and are considered more sensitive in triggering retrieval.

Relearning, on the other hand, measures how much time or effort it takes to learn previously learned information again. It assesses how quickly individuals can reacquires knowledge that was previously learned but forgotten. Relearning tasks, such as studying material again after a certain period, are considered moderately sensitive in triggering retrieval.

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Shareholders' equity of Yiruna Toys Inc. (YTI), a public company, at December 31, 2020, was as follows: nalg Common shares, 1,350,000 shares outstanding Contributed surplus, stock option plan Retained earnings 34,600,000 270,000 OROS TE 12,450,00089 On January 2, 2021, YTI issued $20,000,000 of 6% convertible bonds. The bonds mature on December 31, 2035 (15 years total), and pay interest on June 30 and longe December 31 of each year. The total proceeds received on the sale of the bonds were $20,350,000, and the fair value of the bonds at this date was calculated as muten $19,613,010. Each $1,000 bond is convertible into 20 common shares at any time. 000,008,812 rsos re 3060 18 vuta 190 of YTI's employee stock option plan was initiated on January 1, 2019, and vested on noitspildo litoneo bonited December 31, 2021. The fair value of the options on the initiation date was $450,000. On December 31, 2020, YTI's management estimated that 90% of the options would vest. 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A nuisance lawsuit against the company, which the company does not anticipate losing. An estimate of warranty costs pertaining to products sold in the current year that a company estimates it will pay in the future. An estimate of cleanup costs that a company will spend at a mine site in order to comply with new provincial regulations when abandoning that site next year. The company has been operating the mine for the past 20 years. b. C. d. e. Not recorded nor disclosed Only record Record and disclose a provision Not recorded, disclose only Suppose Kia and Hyundai are considering offering 10-year full-coverage warranties for new cars. While offering warranties is expensive, if one firm does offer a warranty, it will be very difficult for the other to compete without them. Assume the payoffs for this game are as follows (in millions of dollars per year).If the game is played once, what is the outcome?Suppose the game is repeated three times. Will the outcome change from your answer to (a)?Suppose the game is infinitely repeated, and Kia and Hyundai have formed an agreement not to offerwarranties. Each firm plans to use a trigger strategy if the other defects. At what value for d is Kia indifferent between keeping the agreement and cheating? Unexplained answers will NOT be graded An economist has estimated the demand equation of a certain product as Q-200-5P where P is the price unit and Qis the quantity demanded in th 1.Calculate the own price elasticity of demand of the product when its price goes from $30 to $35 per unit. 2. Give an interpretation of the value of the own price elasticity calculated in question 1. 3. Using the demand equation Q-200-5P, calculate the own price elasticity when price is P-$10. Is demand elastic, unit-elastic or inelasticat price 4. Using the demand equation Q-200-5P, determine the consumer surplus (CS) when price is P-$10. What's the total expenditure (TE) when pric when price is P=$10. 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