1. What is a general lien? A claim against a person and all of that person's property A claim against a specific piece of property A type of mortgage lien A type of tax lien: A claim against a person and all of that person's property 2. Which of the following discriminatory practice does the Home Mortgage Disclosure Act (HMDA) seek to address? Blockbusting Credit reporting Mortgage applications Redlining: Redlining 3. What is a real estate mortgage investment conduit (REMIC)? A company that owns, and usually operates, income-producing real estate An entity used to pool mortgage loans and issue mortgage-backed securities An organization that manages income-producing real estate properties. An organization with many investors who jointly participate in a real estate 2 / 28 investment: An entity used to pool mortgage loans and issue mortgage-backed securities 4. Radon has natural origins and is a colorless, odorless,radioactive gas that's released when decays. Kryptonite Lead Radonite The CE Shop :Final Exam Georgia Study online at https://quizlet.com/_af4xuo 3 / 28 Uranium: Uranium 5. Which of the following statements applies to both employees and independent contractors? They can set their own work hours. They're both supervised. They're not required to work in a specific location. They're paid by the job and not by the hour: They're both supervised. 6. Which of the following statements about junior loans is true? A junior loan cannot have a higher principal than a senior loan. A senior loan must be repaid before a junior loan. The interest rate is usually higher than for a senior loan. The interest rate is usually lower than for a senior loan.: The interest rate is usually higher than for a senior loan. 7. Duncan is a real estate licensee.Which Georgia entity is responsible for adopting rules and regulations to enforce license law regarding Duncan's activities? Georgia General Assembly Georgia Real Estate Commission The Real Estate Commissioner The real estate department: Georgia Real Estate Commission